Once a profit-making powerhouse, Japan’s electronics industry has since fallen on hard financial times, as Samsung and other competitors have encroached upon a market previously dominated by manufacturers like Sharp, Sony, and Panasonic. In an article published this week, Bloomberg Businessweek draws a compelling parallel between the Japanese tech industry and Detroit’s auto manufacturers, noting that both industries, after achieving domestic hegemony, were content to sit on their laurels rather than keep up with shifting consumer demands. In Detroit, the issue was a redundancy of similar cars, while Japanese companies have thus far focused on hardware that has already proven successful. “Japanese companies innovated primarily on… Continue reading…

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Drawing parallels between Detroit car manufacturers and Japan’s electronics industry

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