Word: trinitrons
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Dates: during 2000-2009
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...company that once had a magic touch--creating the Walkman, Trinitron TV and PlayStation, among other breakthrough products--has run adrift in an age of increasing competition and digital convergence. Its core electronics business, which accounts for more than 60% of revenues (but lost $339 million last year), has been beset by successful competitors, ranging from Sharp televisions to Kodak digital cameras, in virtually all its product lines. Most humiliating: Sony lost its leadership in portable music players by failing to capitalize on the popularity of MP3 files--a gap that Apple's iPod has exploited masterfully. The company...