Sony puts faith in Hong Kong

Kunitake Ando, the president and COO of Sony, is bullish that East Asia is becoming the global driver of economic growth.

During a speech in Hong Kong yesterday co-hosted by the Japan Society of Hong Kong and the Asia Society, Sony Corporation president and chief operating officer Kunitake Ando observed that European global dominance derived from its various states competing against each other. He sees a similar competition - laced with the appropriate cooperation - putting East Asia in the driver's seat of global economic power, based on its leading edge in broadband use. This would presumably make Sony the equivalent of a fifteenth-century Portuguese man'o'war rounding the Cape of Good Hope.

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