Word: kingsborough
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Dates: during 1980-1989
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...from cost cutting, during which they can pour their profits into research and development. In the meantime, other discounters, like the Koreans, are rushing into the U.S. market to fill the discount gap. "I'm meeting with a group from Seoul tomorrow. Their prices will be better," says Donald Kingsborough, chairman of a California toy company, Worlds of Wonder, that uses a high volume of chips in products like Teddy Ruxpin, the talking bear...