Word: toshiba
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...wars a decade earlier. Sony's Beta lost out to VHS because its competitors made better deals with the folks who held the intellectual- property rights -- in this case, the movie companies. That, says Neuman, is why Sony bought CBS Records and Columbia Pictures. It's also why Toshiba and Itochu bought 12.5% of Time Warner Entertainment...
Rudenstine also met with the heads of several major Japanese corporations, including Toyota, Sony, Toshiba, NEC and IBM-Japan...
...California- based high-tech company, learned that a former employee had been stealing the codes to their computer programs, they brought charges against the man. But when they later found out that he had given those secrets to a spy ring that included Japanese corporate giants Mitsubishi, Nissan and Toshiba, there was little they could do to recoup the competitive advantage they had lost. The man was sentenced to six years in jail, but no action was ever brought against the Japanese companies, which claimed they did not know the information was stolen...
...hold on. Like a high-tech phoenix, the U.S. semiconductor industry appears to be rising again. Rejuvenated by innovative product lines, protectionist trade policies and state-of-the-art manufacturing, chipmakers are staging a stunning comeback. Such Japanese firms as NEC and Toshiba are still on top, with a 45% share of the $60 billion worldwide chip market. But their grip is slipping, while American companies are closing the gap and may be on the verge of retaking the lead. The U.S. share has surged to 42% this year, up from the 1989 low of 37%. Inspired by the revival...
...chips made in Japan are consumed by such companies as Sony and Panasonic. But as global sales of TVs, VCRs, PCs and telephones have fallen because of the worldwide economic slump, so have the fortunes of Japanese chip companies. At NEC, profits are down 71%; at Toshiba, earnings are off 39%. As a result, the Japanese have retreated from some markets. Fujitsu, for example, is closing its U.S. chipmaking plant in San Diego. The factory made one-megabit memory ! chips, whose price has plunged in the wake of overproduction by South Korean firms. Japanese firms have recently had to contend...