Word: maker
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...Prices have already declined markedly over the last 18 months. In November, U.S. computer maker Gateway jumped into the flat-TV market with the first 42-inch plasma model selling for less than $3,000, undercutting existing brands by at least $1,000. Paul O'Donovan, senior analyst at consulting firm Gartner Dataquest, predicts that by the end of 2004, lcd TVs at sizes under 20 inches may cost just $50 more than comparable crts. Prices in general are expected to fall by at least 20% a year for the next several years...
...biggest money-maker for cities could come with a system upgrade to third-generation (3G) wireless technology (if and when that happens). To fill in cellular-service gaps and accommodate massive data transmissions, antennas will need to be closer to the ground and to one another. Utility poles are already home to thousands of bread-box-size microcells in California. And as every streetlight becomes a possible antenna site, Kreines wants wireless providers to pay local jurisdictions for using the right...
...while another 32% are "investigating" a transfer of their factories. Tens of thousands of production jobs have already migrated from Germany to Central European countries like the Czech Republic, Hungary and Poland, making everything from light bulbs to high-end Audi automobiles. Last month, for example, German auto-parts maker Bosch said it would eliminate 830 jobs at its factory in Hildesheim, Germany, and move production to a new plant in Miskolc, Hungary. The move will reduce the workforce at the German factory by almost half. Some executives are thinking about even more radical moves, such as transferring not just...
...voted on again in the lower house, in which Schröder has an absolute majority. Big business has been a vocal critic of Schröder ever since he started hinting that higher taxes are necessary. "We are on the wrong path," says Ulrich Schumacher, ceo of chip maker Infineon. "I do not know anyone who is not worried." Ludwig Georg Braun, president of the Association of Chambers of Commerce and Industry, attacked Schröder's reforms. "Emergency repairs are not enough to get the economy working again," Braun said. "The government must show willingness for comprehensive reforms...
...equipment and business models?all of which hurt productivity and increase prices. Take food processing: Without state-of-the-art market research and sales-tracking capabilities, food companies churn out endless variations of new products that no one winds up buying. McKinsey cites an example of one Japanese chocolate maker whose 101 products generated sales of $556 million in 1998. Compare that to U.S.-based Hershey, which generated $4.4 billion in sales with just 78 products. Or take health care: The Japanese government's generous hospital reimbursement criteria practically encourage health-care providers to prolong illness rather than attack...