Word: nippon
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Dates: during 1980-1989
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Japanese firms will end talks suddenly when they see trouble ahead. Last May, executives of Nippon Kokan K.K., Japan's second largest steelmaker, halted negotiations to buy Ford's Rouge Steel Co., mainly because it could not reach a labor-concession agreement with the United Auto Workers. "What the Japanese wanted most was a totally dedicated and committed work force like they have in their plants," said Thomas Page, a Ford executive vice president...
...corporate clients are likely to go after these computers, known in the trade as "professional work stations" and designed to hang at the branches of a network of similar machines. Price tags range as high as $10,000; Altos, Corvus, Control Data, Cromemco, Digital Equipment, Fortune, Hewlett-Packard, Nippon Electric, North Star, Olivetti, TeleVideo, Toshiba, Vector, Victor, Xerox and Zenith are among the biggest names in this upscale but increasingly crowded field. Even proletarian Apple is joining the crowd with its long-awaited Apple IV (code-named Lisa), due to be unveiled in mid-January. Lisa's probable price...
...knowledge they get from the course will inevitably help." Of course, continuing education for engineers is already stressed by the Japanese, who, it seems, cannot learn enough. Sitting in the audience at M.I.T. last week was none other than Koji Kobayashi, chairman of Japan's Nippon Electric Corp. He took notes...
...they fell behind in the 64K competition because Japanese firms benefited from relatively cheap bank loans (as low as 6% vs. about 16% in the U.S.) and government aid for research and development. Moreover, the Americans say, such large and diversified companies as Hitachi (1981 sales: $15 billion) and Nippon Electric ($5 billion) could afford to forgo profits on memory chips in order to undercut competitors. In the jargon of foreign trade, Japan has allegedly "dumped" chips in the U.S. market at a price lower than production costs...
...about the time that news of the White House deliberations appeared in the American press, the Japanese government warned its chip manufacturers to make sure that their marketing practices in the U.S. were beyond reproach. Says Atsuyoshi Ouchi, senior executive vice president of Nippon Electric: "We were told that we had to be particularly careful about the possibility of being slapped with charges of dumping...