Word: akio
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Dates: during 1980-1989
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...acquisition was so controversial, while an Australian firm's attempted takeover of MGM/UA "was mainly treated by the media as a minor business news item." Part of the answer, he suggested in the Wall Street Journal, is a "media pandering to American xenophobia and latent racism." Sony chairman Akio Morita, noting the U.S. Government's World War II internment of Japanese Americans, surmised that Americans still see the Japanese as "strangers...
...authored with Sony Chairman Akio Morita, the book was aimed mainly at Japanese readers. In his chapters, Morita echoes much of what he has said elsewhere about America's slothful business habits and loss of competitiveness. But it is Ishirara's chapters that are the most contentious. He asserts that Japan now holds the technological balance of power in the world. The Americans may own the missiles, for example, but they cannot fly straight without Japanese semiconductors. Japan, Ishihara argues, must use its technological leverage to assume its rightful place in the world. No longer must the country walk...
...race, U.S. scientists in the late 1950s began a drive to shrink the electronics necessary to guide missiles, creating lightweight devices for easy launch into space. It was the Japanese, though, who saw the value of applying miniature technology to the consumer market. In his book Made in Japan, Akio Morita tells how he proudly showed Sony's $29.95 transistor radio to U.S. retailers in 1955 and was repeatedly asked, as he made the rounds of New York City's electronics outlets, "Who needs these tiny things...
Columbia represents Sony's chance to become one of the world's largest producers of what the entertainment industry calls "software" (movies, video and recorded music). Built on chairman and founder Akio Morita's devotion to technical innovation, Sony is diversifying into cultural products as the patriarch, 68, gradually hands over control of the company to president Norio Ohga, 59, an accomplished musician. While electronic goods account for 84% of Sony's current sales, the addition of Columbia will give the company a 60-40 split between hardware and software. Says Gordon Crawford, a senior vice president at Capital Research...
When Sony Chairman Akio Morita unveiled in 1981 a prototype of the first camera to capture images on electronic sensors rather than on film, he billed it the greatest breakthrough since Daguerre's silver-coated copper photographic plate. With Sony's still-video camera, photographers could instantly display their snapshots on ordinary TV screens. But when it finally came out in 1987 with a price tag of about $7,000, the product did not exactly overwhelm the marketplace. Except in a few specialized applications in business and journalism, the filmless camera virtually disappeared...