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...high technology ban is also ineffective. Many U.S. trade competitors are quickly jumping in to take over American deals. Armco steel has been forced out of a joint agreement with Japan's Nippon Steel to build a $350 million plant in the Soviet Union. The company now expects the French to pick up the contract. Says Armco Chairman William Verity: "The fact is, we have no economic leverage. Our allies are unwilling to deny the Soviet Union the technology we withhold, and we only hurt ourselves by our attitudes of moral imperialism...

Author: /time Magazine | Title: Business: Boycott Bust | 4/14/1980 | See Source »

...immediate focus of U.S. ire is Japan's reluctance to open up enough of its government contracts to foreign bidders. Specifically, the U.S. wants to be allowed to bid on high-technology items like computers and switching equipment bought by the Nippon Telegraph and Telephone Co. (NTT). But NTT vigorously opposes foreign bidding because the company has worked closely with several Japanese suppliers in developing its computer technology, which it protects like a mother bear guarding her cubs. Yet such technology is precisely where the U.S. has an edge, and could expand in what will be a growing industry...

Author: /time Magazine | Title: Business: Japan Risks Retaliation | 5/14/1979 | See Source »

...number of competitors-Rolm Corp., ITT, GTE and Nippon Electric -are trying to increase their market shares not only by keeping prices low but also by quickly incorporating expanding technology. Danray, though a distant second to AT&T in volume, is generally considered to have the most advanced systems. The company has installed 800 of them (at an average $1,000 per phone) since 1975 and last year had sales of more than $75 million, almost wholly from...

Author: /time Magazine | Title: Business: Phonomania and Future Talk | 3/5/1979 | See Source »

...whisky per day." He was hospitalized 14 times, including five stays in a mental institution. Throughout this period, his employers showed extraordinary patience. So did his wife. Says Hojo: "Without their help I would have ended up in Skid Row." Instead, he joined Danshu-Kai. or the All-Nippon Sobriety Association, the Japanese equivalent of Alcoholics Anonymous, which has 50,000 members. He is now dry and proud of Danshu-Kai. founded 15 years...

Author: /time Magazine | Title: Behavior: Drinking as a Way of Life | 5/22/1978 | See Source »

...facilities, will increase world capacity by less than 4% a year, while most experts agree that the market will grow at a rate of 5% for the foreseeable future. Only one firm, Alumax, a joint venture of AMAX, the large U.S. mining company. Japan's Mitsui & Co. and Nippon Steel Corp., is attempting to cash in on the shortage by investing in new plants in Oregon and South Carolina-a mighty $800 million gamble...

Author: /time Magazine | Title: Business: Aluminum's Makers Exult | 4/3/1978 | See Source »

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