Word: toshiba
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...pioneers of the small computer business will also soon face stiff competition from the Japanese, who will begin landing their first machines in the U.S. this spring. Commodore Founder Jack Tramiel warned a group of executives recently: "Gentlemen, the Japanese are coming." Representatives of Hitachi, Toshiba, Mitsubishi and NEC (Nippon Electric) have all paid calls on U.S. retailers to find out what products Americans want and how much they are prepared to pay. The Japanese are expected to enter the market with state-of-the-art machines that will be cheaper than competing American products. The first arrival is likely...
...keep their industry forging ahead, Japanese semiconductor firms are investing heavily. Large and financially solid companies like Nippon Electric and Toshiba are already either taking over existing U.S. semiconductor firms or else setting up plants in the heart of the industry in Santa Clara County's "silicon valley," southeast of San Francisco. Japan's ten largest chip makers plan in 1980 to spend $610 million, vs. $476 million last year, to boost production. While American firms have shipped much of their semiconductor production to countries where labor is inexpensive and work can be done by hand, the Japanese...
...potential penalties are high. The U.S. importers−such as the large retailers and the U.S. subsidiaries of Matsushita, Sharp, Sanyo and Toshiba−could be required to pay dumping duties totaling $500 million owed on $2 billion worth of sets imported since 1971. In addition, the U.S.owned retailers could face civil fraud penalties totaling $1 billion and criminal fines of $5,000 for each shipment of TVs brought in under a false import declaration. But the prospect is for a less painful out-of-court settlement. Says one Treasury lawyer: "Nobody wants to see the Government take...
...dumping duties. This is the probe that has turned up the kickback charges. The second investigation is by the U.S. International Trade Commission. Its lawyers are checking the possibility of unfair trade practices by the Japanese (a noncriminal charge), and they have talked to officials of Hitachi, Sanyo, Sharp, Toshiba and Mitsubishi...
However, the Japanese are allowed to assemble as many sets as they wish in the U.S.-so long as American workers provide 40% of the labor required to turn them into finished products. Three big TV makers-Sony, Sanyo and Matsushita-already own U.S. plants. Two others, Toshiba and Mitsubishi, are on the verge of opening production facilities in the U.S., which will, of course, create jobs for Americans...