Sony Finally Recalls Batteries Of Its Own Products

Posted by Sheila Franklin Categories: Corporate News, PC / Laptop

As the Sony battery recall nears the $10 million mark, the company has finally announced that they will be recalling a total of 9.6 million batteries, which includes 90,000 of its own in China and Japan. According to Associated Press, the problem has cost them “¥51 billion ($429 million) from July to September.” Aditionally, spokesperson Takashi Uehara said, “the 51 billion yen figure doesn’t include ‘provisions for possible lawsuits’ suggesting costs may actually grow.”

Bloomberg News reports that “prices for battery cells have risen about 15 percent in the past three months because of the shortage.” They also add that the Sony Corporation has set aside ¥30 billion ($251 million) “for costs related to the August recall of batteries.” Because Toshiba, Hitachi, and Fujitsu may ask Sony to compensate them for brand damage and lost business, it would appear that all of us will have to pay for Sony’s mistake.

Read More | AP