How the Japanese electronics industry can get back in the game

Intel's microprocessor is the result of a change of strategy (photo:dpa)
Intel's microprocessor is the result of a change of strategy (photo:dpa)

The big players in Japan’s electronics industry, such as Panasonic, Sony and NEC, have been on a downward spiral for some years. The experience of the American electronics giant, Intel, which found itself in a similar position in the 1980s, is a useful lesson in how things can be turned around. But Japan’s electronics giants could also learn from the country’s smaller companies, the Hidden Champions, which dominate global markets in their chosen niches.

THE Japanese semiconductor industry was once the envy of the world, with the electronics giant, NEC, one of the most admired companies of the 1980s.

Its big American rival, Intel, was openly fearful for its own prospects...

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