Today's Date: Add To Favorites
No Light at End of Tunnel for Sony
World Business News | 2006/11/24 18:56

After being slammed for a massive battery recall disaster this year, Sony has recalled up to 1 million digital cameras worldwide, even though the malfunction is not likely to appear in non-tropical regions like Korea.

Sony Korea said Monday that eight of its Cyber-shot digital camera models might not work in warm and humid areas. The cameras may have trouble taking photos, and pictures may be distorted on the display screen, it said.

The firm’s Korean branch said on its Web site that it will repair any affected cameras free of charge, even though such a malfunction has never been reported in South Korea.

``The camera malfunction was only reported in hot and humid areas,’’ Sony Korea’s spokesman Park Jung-hoon said. ``But we have become more active in responding to such issues since the battery accident happened,’’ he said, citing the disastrous laptop battery recall case, which is estimated to cost the firm $440 million this year.

The affected cameras were manufactured between September 2003 and January 2005. The models are DSC-T1, DSC-T11, DSC-T3, DSC-T33, DSC-U40, DSC-U50, DSC-F88 and DSC-M1.

The company estimates about 4,000 of the 1 million units sold could need repairs. Sony Korea didn’t say how many of them were sold in South Korea.

Sony’s net profit for the July to September quarter fell by 95 percent to $14 million from $240 million a year ago. The annual profit is expected to constitute a mere 0.6 percent of total revenue, compared to 2.5 percent last year, according to LG Economic Research Institute.

As the woes continue, rumors have again arisen in South Korea that Samsung Electronics, which is Sony’s main rival in the consumer electronics sector, may take over the troubled Japanese firm within a few years.

However, Sony’s bold decision to recall the cameras contrasts with trends among Korean companies, which consider product recalls as a big disgrace.

Samsung last year was blamed for hiding repairs to washing machines after they were reported to catch fire while operating.

The company ordered its service shops to replace an electric condenser built into about 400,000 washing machines, but it never officially announced the replacement policy to consumers. Later the company explained that it was a typical after-purchase service and was not a recall of the products.

Robin Sheen
Staff Reporter



[PREV] [1] ..[8187][8188][8189][8190][8191][8192][8193][8194][8195].. [8242] [NEXT]
All
Class Action
Bankruptcy
Biotech
Breaking Legal News
Business
Corporate Governance
Court Watch
Criminal Law
Health Care
Human Rights
Insurance
Intellectual Property
Labor & Employment
Law Center
Law Promo News
Legal Business
Legal Marketing
Litigation
Medical Malpractice
Mergers & Acquisitions
Political and Legal
Politics
Practice Focuses
Securities
Elite Lawyers
Tax
Featured Law Firms
Tort Reform
Venture Business News
World Business News
Law Firm News
Attorneys in the News
Events and Seminars
Environmental
Legal Careers News
Patent Law
Consumer Rights
International
Legal Spotlight
Current Cases
State Class Actions
Federal Class Actions
TikTok content creators sue ..
Abortion consumes US politic..
Trump faces prospect of addi..
Retrial of Harvey Weinstein ..
Starbucks appears likely to ..
Supreme Court will weigh ban..
Judge in Trump case orders m..
Court makes it easier to sue..
Top Europe rights court cond..
Elon Musk will be investigat..
Retired Supreme Court Justic..
The Man Charged in an Illino..
Texas’ migrant arrest law w..
Former Georgia insurance com..
Alabama woman who faked kidn..


Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet.
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Legal Document Services in Los Angeles, CA
Best Legal Document Preparation
www.tllsg.com
Car Accident Lawyers
Sunnyvale, CA Personal Injury Attorney
www.esrajunglaw.com
East Greenwich Family Law Attorney
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
  Law Firm Directory
 
 
 
© ClassActionTimes.com. All rights reserved.

The content contained on the web site has been prepared by Class Action Times as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. Affordable Law Firm Web Design