The other troubled peripheral economies would be hit hardest, though in this model they would increase their commitment to structural reform having seen the alternative.
In an interview, FLA President and Chief Executive Auret van Heerden said Foxconn's commitment to reduce overtime hours was a model for the industry and would prove to others it can be done.
The commitment of China to an export-led growth model, matched by a willingness from rich-world consumers to keep spending, created persistent surpluses in China in particular.
"The 2013 BRAVIA line continues our acclaimed commitment to delivering the best picture quality at every model segment and with two new sizes, the amazing 4K TV experience will now be within reach of many more consumers, " said Mike Lucas, senior vice president of Sony Electronics' Home Division.