Word: toshibas
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Sony's big problem, however, is that it risks losing its role as a leading-edge producer of electronic equipment. It has fallen behind Time Warner and Toshiba in the race to set the standard for a successor to the videocassette player called the digital video disc, which offers sharply improved picture quality. And some experts are scathing about Sony's plans to develop its own brand of personal computers with chipmaker Intel. Says Bibb: "The profits are going to hell in the PC market...
Japan's technology giants--Hitachi, Matsushita, Toshiba, Sony, NEC-- listened for years as their U.S. competitors talked enthusiastically about multimedia but remained skeptical: after all, they had come to believe the Americans were the has-beens of the electronics business. Besides, Japan's strength lay in hardware, not fuzzy concepts. For Japanese firms, the real battle would be for the next big gadget to follow the vcr, which in 1993 was worth $7.7 billion to Japanese firms alone. As a Sony executive scoffed two years ago, ``Multimedia is just a pot of gold at the end of the rainbow. Nobody...
...installation, service is expensive--$40 a month for the average household--and no one expects that cable TV on its own will be a big draw, despite clever new features such as a karaoke station. Says Minoru Akimoto, president of Titus Communications, a cable-TV joint venture involving Itochu, Toshiba, Time Warner and U.S. West: ``In Japan, where housewives have the final say on financial matters, they won't like it. They'll say, `You want me to buy a service that gets my husband to watch more TV? He hardly even talks...
...Baker was his foreign policy czar, nobody logged more frequent-flyer miles for TIME than J.F.O. ("Jef") McAllister, our State Department correspondent. Accompanying the peripatetic Secretary of State on his shuttle-diplomacy marathons, McAllister quickly mastered the technological rigors of modern journalism -- banging out dispatches on his Toshiba laptop in airplanes, airports, briefing rooms and run-down hotels. He once typed a file while stuck in a broken elevator in Kislovodsk, a spa town in the heartland of Russia...
...upswing," says Doyle. From there he now sends stories almost daily to his employer, Computer Reseller News, in Manhasset, New York. Bruce Tipple, 48, moved to the same mining town turned resort from Minneapolis seven years ago and set up shop custom- designing training systems for Toshiba, Syntex and other large corporations. "With data communication and computers and faxes, distance is not an issue," he says. "We have easy access to our markets, most of which are on the West Coast. The airport's 45 minutes away...