Sony to decide on review of earnings after battery recalls
By Our Convergence Bureau | 18 Oct 2006
Hit by battery recalls from a number of laptop makers, Sony has said that it would review its full-year earnings after recalling 60,000 batteries used in some of its Vaio notebook computers sold in Japan.
So far laptop makers Hitachi Corporation, Dell, Apple, Toshiba, Lenovo and Fujitsu have already recalled Sony seven million Sony batteries globally.
The recalls followed evidence that, in certain circumstances, the batteries could catch fire on overheating. Sony said the batteries could fuse because pieces of metal were left in their cells during the manufacturing process in Japan.
Sony says the battery recalls were prompted by concerns for the peace of mind of its customers. Moreover, the company has been hit further by a cut in the price of its video game console, PlayStation 3.
In a statement Sony said it was in the process of "determining whether a revision to our annual earnings outlook is necessary". Sony said it was taking into account "factors that could affect earnings".
Prior to the recall of its batteries, Sony had stated in July that it expected group operating profit to total ¥130 billion ($1.1 billion;Rs5,010 crore) in the year to March, down 43 per cent from a year earlier.
Latest articles
Featured articles
The $250 billion pivot: how 2026 became the year AI paid the rent
By Cygnus | 18 Feb 2026
2026 marks the shift from AI “promise” to “profitability.” Explore how India’s sovereign compute and Infosys’s revenue metrics are defining a $250B market pivot.
The analog antidote: perception, reality, and the "Windows crisis" narrative
By Cygnus | 17 Feb 2026
Viral claims of a Windows collapse contrast with market data showing a slower shift as enterprises weigh AI, hardware costs, and legacy systems.
The analog antidote: why Americans are trading algorithms for physical media
By Cygnus | 16 Feb 2026
Vinyl, books, and DVDs are seeing renewed interest as Americans seek ownership, focus, and a break from screen fatigue in an increasingly digital world.
China opens market to 53 African nations in zero-tariff pivot
By Cygnus | 16 Feb 2026
China will grant zero-tariff access to 53 African nations from May 2026, reshaping global trade ties and deepening economic links across the Global South.
The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy
By Cygnus | 13 Feb 2026
The Trump EPA moves to rescind the 2009 Endangerment Finding, reshaping federal climate authority and business risk.
Tokenising the gilt: what the UK’s digital bond pilot could mean for sovereign debt
By Cygnus | 12 Feb 2026
HM Treasury selects HSBC Orion and Ashurst LLP for its Digital Gilt Instrument (DIGIT) pilot. A deep dive into the architecture, legal framework, and the shift toward near real-time settlement.
The silicon-rich AI race: how Cisco’s G300 puts networking at the center of compute
By Cygnus | 11 Feb 2026
Cisco's new Silicon One G300 targets AI data center bottlenecks as networking becomes central to compute performance.
Server CPU Shortages Grip China as AI Boom Strains Intel and AMD Supply Chains
By Cygnus | 06 Feb 2026
Intel and AMD server CPU shortages are hitting China as AI data center demand surges, pushing lead times to six months and driving prices higher.
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.


