BBC News – What happened to Japan’s electronic giants?.
Japan’s electronic giants once ruled the world. Sony, Panasonic, Sharp were household names. Now those same companies are in deep trouble, losing billions of dollars a year. How have the mighty Japanese companies fallen so low? The BBC’s Rupert Wingfield-Hayes in Tokyo looks at what went wrong.
The end of the article says it was software that caused the decline (lack of developing and creating it).
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