Jings the Japanese electronics industry is going through a change of the guard it seems:
Quote:
Last week, Moody’s cut its credit rating on Sony to junk, saying the once-dominant firm had more work to do in repairing its battered balance sheet.
Japan’s embattled electronics industry, including Sony rivals Panasonic and Sharp, has been undergoing painful restructuring to stem years of huge losses, largely tied to the low-margin TV business.
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