http://www.businessweek.com/magazine/content/04_06/b3869066.htm
Japanese high technology industries have been uncompetitive for so long that it comes as something of a surprise to read that they are bouncing back in consumer and information technology. Combining innovations with a very un-Japanese headcount reduction and corporate restructuring, the major Japanese technology firms, which are still big players with deep pockets, are bidding to resume their dominant position.
To read that TV manufacturing is one of the areas from which Japan is withdrawing because it is not technologically rewarding enough is to get one inkling of what is involved here. There is no question that these firms still face major and serious obstacles, but I would be inclined to bet in their favour right now.
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