Word: hitachis
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...Michael Schiffer, a Council on Foreign Relations Hitachi Fellow at the National Institute for Defense Studies in Tokyo, endorses that analysis. The future of the alliance, he says, turns on the answer to a fundamental question: what sort of military transformation is Japan really capable of, and in what time frame? For those dreaming of a new depth to the partnership, one that would safeguard the Asian interests of an overstretched U.S., Schiffer offers a sobering response. "For the long term," he says, "the U.S. may have too much vision, and Japan too little, about an increased Japanese role...
...also building furiously. In a joint venture, LG Electronics and Royal Philips Electronics are spending $5.1 billion to create the world's largest plant for LCDs. Sony, whose lack of flat-screen capacity has been a huge disadvantage, is teaming with Samsung in a $2 billion LCD venture. Hitachi, Toshiba and Matsushita have similarly joined forces. In the U.S., computer maker Dell is getting into the flat-panel game...
...eight 45-in. screens. But Sharp's competitors have also joined the race. A joint venture between LG Electronics and Royal Philips Electronics is spending $5.1 billion to create the world's largest plant for LCDs, while Sony and Samsung are teaming up for a $2 billion LCD venture. Hitachi, Toshiba and Matsushita have similarly joined forces, and even Dell, the American computer maker, is getting into the flat-panel game. For now, however, Sharp is happy to go it alone, hoping that it's strong enough technologically to maintain its leadership position without a partner. It's a gamble...
While chip sales were sinking, U.S. firms continued to lose ground to the Japanese. Rather than cutting back production, such companies as Hitachi and Toshiba persisted in selling at falling prices to boost their market share. "The Japanese don't throw in the towel on the downturns," says Lane Mason, an analyst for Dataquest, which studies electronics firms. "They are willing to suffer a little more red ink in the short term to achieve their long-term goals...
...Hitachi 50VS810...