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Originally Posted by Kumabjorn
Should have clarified, by "that" I meant when US closed its last TV plant.
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Oh. So they celebrated in Japan when that happened?
Interestingly, the seeds of Sony's downfall date to the same time period, 1995:
http://www.nytimes.com/1995/07/18/us...ted=all&src=pm
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Zenith's product line is still considered one of the best in the industry and the company has played a leading role in the development of high-definition television. If the Government later this year approves the HDTV standard agreed to by most European and American electronics manufacturers, as expected, Zenith stands to receive substantial royalties from others using its technology as the new market grows. With the deal, LG Electronics becomes the first major South Korean television manufacturer to side with the Americans and Europeans in the dispute with Japan over HDTV standards.
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One bad call and their entire TV empire collapsed.
The same thing happened to their ereader business and game console business.
The modern tech business is very unforgiving.