The “Made in Japan” label used to be a mark of progress, but Japanese manufacturing has declined rapidly. Now, the automobile industry, the last bastion of the country’s technology, has fallen behind in the transition to electric vehicles.
Tag: sony
The growing alarm after UK Prime Minister Theresa May’s Brexit deal suffered a defeat in Parliament isn’t just unsettling for British politics. Global businesses are on edge as well. Asian companies, whose operations and investments stretch far into Britain and the European continent, have a lot at stake as they face higher tariffs and costs. Tuesday’s setback will do little to cure the anxiety. Chancellor of the Exchequer Philip Hammond has sought to assure business leaders that their no-deal nightmare scenario could still be avoided, but with only 10 weeks left before the UK is due to leave the European […]
U.S. WARNS OF BOMB THREAT ON SOCHI The U.S. Department of Homeland Security warned airline companies to watch out for explosive materials that could be hidden in cosmetic tubes, including toothpaste, CNN reports. Republican Congressman Michael McCaul said that according to the bulletin, the explosives could be used during flights to or in Sochi, where […]
In 2011, Sony accumulated losses of $5.6 billion, Sharp lost $4.7 billion, and Panasonic $9.6 billion. The momentum of similar huge losses at these firms has continued through 2012. All these enterprises that used to be so much admired by the Chinese are plunging, one by one, into historic lows. Of course the ups and […]