Word: micros
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Dates: during 1980-1989
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This time around, many U.S. companies, including Intel, Advanced Micro Devices and the Mostek unit of United Technologies, continued to build new plants even as the recession unfolded, that reason, they hope they can boost production as quickly as the Japanese can. At the moment, the Japanese semiconductor companies are also having trouble meeting demand for chips by customers in their own country...
...guidance Japanese industries receive from the government. Western commentators talk of Japan Inc., implying that business and government have banded together to form a monolithic powerhouse bent on overrunning world markets. Critics such as Senator Donald Riegle Jr. of Michigan and W.J. Sanders III, chairman of Advanced Micro Devices, a California semiconductor company, complain that Japan's Ministry of International Trade and Industry (Mill) encourages the formation of cartels and also targets promising industries for special research grants. Some economists, businessmen and politicians are calling for a U.S. industrial policy to counteract Japan's government planning...
...addition to its rapid growth, the personal-computer software industry lures both big and small companies because of its huge profit margins. Programs that cost only $5 or $10 to make can sell at retail for up to $700 or more. The most expensive is believed to be Micro-scan II, a stock-analysis program that costs $6,250 for a year's subscription, which includes periodic market updating...
...biological safety officer of the EHS, Lynn Harding handles jobs ranging from monitoring research of recombinant DNA and gene-splicing to supervising the removal of micro-organisms such as bacteria, viruses, parasites and fungi from any University buildings. Harding's group implements the safety guidelines set by Harvard's bio-safety committee on genetic research, but it does not make any ethical decisions. "These issues haven't really come into play yet, but there may be a day when this will affect us." she notes...
...steelmaker. And the pitfalls will be just as deep for high-tech managers as for those in old-line industries. High tech is no passport to business success. Digital Equipment Corp. is a leader in the minicomputer business, but it is now having to run to catch up in micro computers. Xerox pioneered office copy machines, but it has had trouble finding a niche in the office automation market. Southern Biotech was a promising firm in the surging field of genetic engineering, but it filed for bankruptcy after three years in business and a failed research program...