Word: slump
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Throughout the current global slump, Yun has continued to invest in new processes and research. The company refined its semiconductor and liquid-crystal-display operations so effectively that traditional competition from Tokyo was upended. "Samsung is more cost effective, and its manufacturing technology is better than at companies like Sharp and Hitachi," says Shiro Mikoshiba, a Nomura Securities analyst in Tokyo. "The Japanese stopped competing two years...
Despite the global slump last year, Logitech's profits grew 66%, to $69 million, on revenues of $720 million, in the past three quarters. Meanwhile, Logitech stock recently closed above $40, near its all-time high and up from $7.50 in February 1998, when Apple veteran Guerrino De Luca took over as CEO. A report by CREDIT SUISSE FIRST BOSTON dubbed Logitech "the ultimate Energizer bunny: it just keeps going and going and going...
...Since the early 1990s, Samsung has led the global market in dram semiconductors, the memory chips that are vital to almost every digital product we use. During the current slump, as competitors like Hitachi and NEC have been backing away from the chip business, Samsung has been diving in, introducing two new lines. The company has leveraged its digital know-how to dominate the manufacturing of computer monitors and state-of-the-art flat-panel displays. This summer Samsung, in conjunction with Texas Instruments, will introduce the world's first 50-in. TV with digital light-processing technology, now used...
...What's more, at a time when most of the world's tech companies are still shuttering plants and trimming R. and D. to weather the global economic slump, Samsung is extending its reach. Bolstered by the resurgent Korean economy - which is expected to grow 3% to 6% this year after nearly collapsing during the 1997 Asian financial crisis - Samsung Electronics' worldwide revenue reached $25 billion last year...
...Throughout the current global slump, Yun has continued to invest in new processes and research. The company refined its semiconductor and liquid-crystal-display operations so effectively that traditional competition from Tokyo was upended. "Samsung is more cost effective, and its manufacturing technology is better than at companies like Sharp and Hitachi," says Shiro Mikoshiba, a Nomura Securities analyst in Tokyo. "The Japanese stopped competing two years...