Word: consumerized
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The early 1960s, after a postwar decade of industrial enterprise, were another boom time for INVENTIONS. As will no doubt be true of the current crop, some consumer goods had more staying power than others, as this TIME cover shows.
Jonathan Nossiter says he never wanted to make a film about wine. The American filmmaker and sommelier thought it would be too hard to avoid the snob image that his favorite beverage often evokes. A slick portrait of oenophiles spouting pretentious adjectives as they decant a product the audience can...
It's a virtual lock that the magic price point?at which flat-panel TVs switch from being a status symbol of the rich and hip to an everyday feature in many living rooms?will be reached in the near future. That's because the Asian consumer-electronics companies that...
But as panel prices drop, so will margins, potentially forcing some weaker players out of the business. There are already signs of a shake-out. In September, Taiwan's Chi Mei Optoelectronics halted construction on a panel factory. Japan's Mitsubishi Electric said it will phase out production of large...
Yang's globe trotting reflects just how powerful China's thirst for fossil fuels has become. A booming but energy-inefficient economy and an emerging middle class in love with cars and other modern conveniences have caused energy demand in China to soar. The nation's oil imports have doubled...