Sony, which currently has about 1,000 suppliers, plans to reduce the
number to buy cutting-edge components on a preferential basis
through larger order volumes, the newspaper reported.
Sony aims to save nearly 10 billion yen ($98.5 million) through bulk
purchasing, according to the Nikkei.
The Japanese consumer electronics maker plans to select two or three
major global suppliers for core components such as wireless
communication parts, sensors, chips and display panels, the
The list of suppliers is likely to include Qualcomm Inc <QCOM.O> and
Taiwan's MediaTek Inc <2454.TW> for smartphone chips, Murata
Manufacturing Co Ltd <6981.T> for multilayer ceramic capacitors and
Taiwan's AU Optronics Corp <2409.TW> for liquid crystal display
panels, the business daily reported.
Sony cut the number of its suppliers to 1,000 in fiscal 2013 from
2,500 in fiscal 2008 to reduce costs.
[to top of second column]
The new plan is aimed at shortening the typical two-year development
period for new products by three-six months, the Nikkei reported.
($1 = 101.55 Japanese yen)
(Reporting by Rohit T. K. in Bangalore;
editing by Kirti Pandey)
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