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Monday, June 02, 2008

 

Sony sees growth on laptops

 
Sony Philippines Inc. expects to double its sales growth in the next fiscal year amid the growing demand for high-definition laptops and digital cameras.

At a press briefing, Toshiya Kagita, Sony Philippines president, said the company registered a 10-percent growth year-on-year with P4.4 billion in gross sales from April last year to March this year.

The digital and video cameras segment accounted for the bulk of Sony’s sales at around 30 percent.

Kagita said Sony will expand further its market presence this year while focusing on three main products—Bravia (LCD television), Cybershot and Vaio

Sony currently has 30-percent share in the Philippines’ A and B markets.

The executive added he is optimistic about Sony’s growth in the country this year despite slower consumer spending.

He cited the consumers’ shift to computer purchases as a necessity instead of buying cars, which is considered a luxury.

Kagita said Sony will aggressively sell its laptop notebooks, beginning with the opening of four Vaio notebook computer stores in the country this year.

It recently opened its first Vaio store in Megamall and will open one in Cebu and two more in Makati and Manila .

Laptop notebooks only accounted for less than 10 percent of Sony’s total sales in the country, as the company manufactures and sells only high-end notebooks.

“We only started these high-end products last September,” Kagita said.
-- Maricel E. Burgonio

  
 

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