Saying that there is “rising uncertainty” with regards to the country’s debt situation, Moody’s has cut Japan’s credit rating. Yet another indicator of fundamental problems in one of the world’s most powerful economies, Japan’s problems go well beyond its dramatically … Continue reading
Jiji Press in Japan is reporting that Google has sent its Street View vehicles into at least eight municipalities in the devastated Fukushima District in Northern Japan. The area was devastated in March 2011 as the result of an earthquake … Continue reading
At last month’s CEDIA Expo in Indianapolis, we learned about – and reported on – a new venture by industry stalwart Joe Piccirilli to sell a residential energy storage hub under the Rosewater Energy Group brand. Their hub uses rechargeable … Continue reading
Sharp Corp., once a high flying superstar of Japanese manufacturing might, finds itself engaged in a multi-front battle for survival as it seeks to replenish its depleted capital reserves. Recently, the company had announced that it was negotiating a partnership … Continue reading
In a rash of news coming out of Japan, it is clear that manufacturers are still struggling with the global economic slowdown…as well as an electronics industry retrenchment. As painful as it’s been for Japanese manufacturers (often called Japan, Inc.) … Continue reading
As the industry is on the verge of rolling out the latest HDTV upgrade – 4K resolution – news comes out of Japan that a coalition of Japanese broadcasters and television equipment manufacturers have collaborated to create the next great … Continue reading
In yet another sign of the decline of a once seemingly invincible technological powerhouse, shares in Sony Corp. in Tokyo closed Monday below ¥1,000 ($12.76) per share – setting a disturbing new record low. The last time the stock was … Continue reading
<January 22, 2012> Just days after news reports of the formation of a strategic partnership between Osaka, Japan-based Onkyo Corporation and Nashville, Tennessee-based Gibson Guitar Corporation – a new report by the Nikkei says that Onkyo has now formed yet … Continue reading
<January 22, 2012> On Thursday, the Nikkei said it had learned that Onkyo Corporation has decided to cease production of loudspeaker systems in Japan. This decision ends several decades of domestic production of a product category in which Onkyo not … Continue reading
<November 30, 2011> On Tuesday, Pioneer Corporation released its revised medium-term business plan designed to rebuild their sales and profits after a tough year of environmental and economic challenges including earthquakes and tsunamis in Japan and Thailand, as well as … Continue reading