Sony USA has confirmed reports that production of its SLT and NEX cameras has resumed, following the devastating flooding in Thailand, last month. Production has been moved from its affected Ayuthaya site to the Chonburi plant, further south in the country. A spokesman said there was no further information about the effect on product shipments, as this was still being determined. The company lowered its camera sales forecasts in its quarterly results published on November 2nd but said it had not yet factored-in the effects of the floods. However, its current assessment was that, taking into account the returns from its insurance policies, the cost of the flood damage would be around 25 billion yen ($324m).
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11-16-2011, 11:51 AM
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