Word: toshibas
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...Digest: "Consumers are not prepared to pay twice as much for one set with two pictures. They would rather buy two sets with one picture each." That could change quickly, of course, as the cost of the electronic components falls. "In the future," says Shinichi Makino, an executive at Toshiba, "digital will be mainstream...
...years, savvy smugglers, complicit businessmen and well-heeled Soviet officials managed to stay out of sight as they ferried America's technological secrets from West to East. No longer. A string of scandals, beginning with last spring's Toshiba affair, has pushed the issue of high-tech banditry squarely into the spotlight. The stories, many of which lack the happy ending supplied by Corporal Fudge, have strengthened the resolve of U.S. officials to track down and punish those who traffic in the nation's secrets. Earlier this month Commerce Secretary William Verity announced that officials from the NATO allies...
...case for relaxing controls is hard to sustain, as new security breaches come to light almost every week. The Toshiba affair, more than any other, focused the West's attention on the scope of the leakage problem. The scandal broke last March, after the U.S. learned that a subsidiary of the Japanese electronics giant had shipped to the U.S.S.R. advanced machines that have enabled the Soviets to build submarines quiet enough to escape U.S. naval detection...
...group, formed just after World War II, jointly agrees on a list of banned technology, but until recently the U.S. has enforced the guidelines much more seriously than most of its fellows. Japan, for example, has only now heightened its export scrutiny, a response to U.S. anger over the Toshiba affair, in which the company's machine-tool subsidiary sold advanced propeller-milling devices to the Soviets...
Megahouses spread across the landscape. -- The Government helps a Texas bank stay afloat. -- A look inside the Toshiba scandal...