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Sony to rethink China production if US hikes tariffs

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Sony to rethink China production if US hikes tariffs

Sony Corp. could re-examine its production operations in China if the U.S. raises its tariffs on Chinese-made goods to 25% from 10%, the Nikkei Asian Review reported Jan. 9, citing a company executive.

Ichiro Takagi, senior executive vice president of the Japanese electronics maker, told reporters at the Consumer Electronics Show in Las Vegas that the company "will consider manufacturing in other countries and regions" if the U.S. moves forward with its threat to raise import duties against China, the newspaper said.

Takagi added that the stock decline in China has cut into disposable income and impacted purchases of high-priced goods, according to the report.