Word: beset
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...travails like Mount Fuji. This crisis is centered in the commercial realm, but it is not confined there. Though the streets of Tokyo and other large cities are full of crowds so rich and stylish that you would never guess the nation had ever smelled a recession, Japan is beset by a host of social, political and economic problems: a shaky financial system, chronically low GDP growth, an aging population, hidebound and paralyzed political leaders. Meanwhile, China, the sleeping giant next door, has awakened to spar with Japan over export markets and natural resources, challenging Japan's customary position...
...magic touch-creating not just the Walkman, but the Trinitron TV and the PlayStation too-has gone adrift in an age of increasing competition and digital convergence. Its core electronics business, which accounts for more than 60% of revenue (but lost $339 million last year), has been beset by successful competitors in virtually all its product lines, ranging from Samsung televisions to Kodak digital cameras. Most humiliating, Sony lost its leadership in portable music players by failing to capitalize on the popularity of MP3 files, a gap that Apple's iPod-an idea that would once have shrieked "Sony...
...that once had a magic touch--creating the Walkman, Trinitron TV and PlayStation, among other breakthrough products--has run adrift in an age of increasing competition and digital convergence. Its core electronics business, which accounts for more than 60% of revenues (but lost $339 million last year), has been beset by successful competitors, ranging from Sharp televisions to Kodak digital cameras, in virtually all its product lines. Most humiliating: Sony lost its leadership in portable music players by failing to capitalize on the popularity of MP3 files--a gap that Apple's iPod has exploited masterfully. The company has been...
...world's extreme poverty in half by 2015, I spent several eye-opening days with colleagues last July in a group of eight Kenyan villages known as the Sauri sublocation in the Siaya district of Nyanza province. We visited farms, clinics, hospitals and schools. We found a region beset by hunger, AIDS and malaria. The situation is grim, but salvageable...
...Transformation" was not, in the past, a word heard frequently at NTT, which as a former monopoly carrier with 60 million customers is the Japanese version of Ma Bell. Like AT&T, NTT now finds itself beset by a variety of nimble competitors offering local and long-distance calling and Internet access at cheaper prices. In its most recent earnings statement, NTT reported a $6.7 billion profit but saw falling revenue in almost all of its businesses. Its stock price has dropped about a third since early last year. Indeed, in Japan, where there are today more mobile-phone numbers...