Word: matsushita
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...Singapore is no bastion of socialism. But when the country's economic czars began to attract multinational companies like Hewlett-Packard, IBM and Matsushita to locate their manufacturing facilities in Singapore in the 1960s, they tacitly agreed to keep wages for blue-collar workers low by de-fanging the unions that once had a stranglehold over the labor force. As a cargo handler, for instance, Krishnan made just $1,000 a month...
...capability of Panasonic's new Oxyride Extreme Power batteries, released last year. Panasonic, best known for its consumer electronics, is planning to blast its way into the U.S. battery market with a new technology and a ton of aggressive brand campaigning. The company, a division of Japan's Matsushita Electric Industrial Co., craves no less than the top spot in the $4.1 billion U.S. disposable-battery industry. "When we decide we want to be No. 1 in a category, we will be No. 1," says Brian Kimberlin, director of marketing for Panasonic's North American battery unit. The company says...
...belt carrying newly assembled TVs to their final quality checks churns behind him, Take emphasizes that Aquos is not just Sharp's latest hit product. It is the core of a strategic shift that has transformed the company from a perennial also-ran to Asian rivals like Sony, Matsushita and Samsung into the world's hottest electronics company. "Everybody from 1 to 100 uses a TV, many of them for three to five hours a day," he says, clearly delighted by the thought of all of us plopped in front of so many idiot boxes, each of them potentially bearing...
...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...
...Sharp Businessman Your article on Sharp Corp., Japan's hottest electronics firm, and its president, Katsuhiko Machida, showed that slow and steady wins the race [May 9]. That's exactly how Machida overtook Sharp's rivals Sony, Matsushita and Samsung. When Machida was running Sharp's television business in the 1980s, the company was struggling and most people knew nothing about him. But when Sharp brought its liquid-crystal-display TVs to the global market, it began making record profits. To be the best, a company has to have sound knowledge about market demand, design and manufacturing?plus technological strengths...