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Japan Loses Its ‘Electronics Crown’
Written by Pat's Papers | Wednesday, 15 August 2012 8:29 AM
Remember when Sony was responsbile for the coolest innovations in consumer electronics? Not the case any more . It lost money in the last quarter. So did Panasonic and Sharp. Commenting on how Japan lost its “electronics crown,” the president of Panasonic tells the Wall Street Journal: “Japanese firms were too confident about our technology and manufacturing prowess. We lost sight of the products from the consumer’s point of view.”
SOURCE: Washington Post
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