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How Japan Lost Its Electronics Crown

Wall Street Journal Original article ›

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Starting in 2009 Samsung's investment in R&D exceeded the same investment by competitors Sony and Panasonic. By 2011 this gap had widened, as Samsung spent $8.7 billion on R&D in 2011, Panasonic $6.6 billion and Sony $5.5 billion for their fiscal years. This is a result of Samsung's having captured a larger portion of the market and profits in recent years. In the U.S. Samsung has 50% of the market for LCD television sets. Now Sony and Panasonic have reached an agreement to join together their efforts for production technologies to produce OLED television sets, the next generation technology for television. Sony and Panasonic are also working on changing their mindset that focussed on technological advancement and less on delivering consumer friendly technology at attractive price points. Sony developed the first e-reader in 2004, and developed the first OLED set in 2007. But the e-reader lacked the software capabilities of the e-readers developed later by Amazon and Apple. For OLED the production technology was lacking for Sony to produce it at commercially viable prices for mass production. Now Sony prefers to let S. Korean competitors take the lead, and hopes to come from behind by combining critical areas of technological development with Panasonic. Samsung and LG Electronics will bring new 55 inch OLED sets to the market in late 2012. Panasonic and Sony have new CEO's who are faced with developing strategies for a rebound. Panasonic CEO, Kazuhiro Tsuga, is keen on changing the mindset of the company back to the consumer. He told a news conference recently: "Japanese firms are too confident about our technology and manufacturing prowess. We lost sight of the products from the consumer's point of view."

Sony, Panasonic and the competition from Samsung and Vizio in the television business

04/15/2008

Grouped Articles

Vizio Extends Battle Plan

Wall Street Journal 01/02/2011

How Vizio Beat Sony in High-Def TV

BusinessWeek 04/22/2010

U.S. Upstart Takes On TV Giants in Price War

Wall Street Journal 04/15/2008

Panasonic Closes Plasma TV Plant in China

Wall Street Journal 01/11/2013

How Japan Lost Its Electronics Crown

Wall Street Journal 08/15/2012

Intel and Sony Ambitions for Internet TV Services Meet Skepticism

New York Times 09/29/2013

Panasonic

07/12/2010

Grouped Articles

As Some Vow to Scale Back, Panasonic Pushes Vast Catalog

New York Times 07/12/2010

Panasonic Gains Despite TV Woes

Wall Street Journal 02/03/2011

Panasonic to Cut 17,000 Jobs

New York Times 04/28/2011

Panasonic Sees 'Very Tough' Year Ahead

Wall Street Journal 05/23/2011

Restructuring Costs Weigh on Panasonic Results

Wall Street Journal 11/01/2011

Panasonic Forecasts $10 Billion Loss

Wall Street Journal 02/03/2012

Panasonic management

11/01/2011

Grouped Articles

Panasonic Expects 16% Profit Rise This Full Year

Wall Street Journal 04/28/2014

Restructuring Costs Weigh on Panasonic Results

Wall Street Journal 11/01/2011

Moody's Downgrades Sony, Panasonic

Wall Street Journal 01/23/2012

Panasonic Forecasts $10 Billion Loss

Wall Street Journal 02/03/2012

TVs Drag Down Panasonic

Wall Street Journal 05/14/2012

Panasonic Weighs Cuts at Japan Headquarters

Wall Street Journal 05/29/2012

Panasonic strategies

11/01/2011

Grouped Articles

Sony, Panasonic Call Off OLED TV Tie-Up

Wall Street Journal 12/26/2013

Panasonic Expects 16% Profit Rise This Full Year

Wall Street Journal 04/28/2014

Restructuring Costs Weigh on Panasonic Results

Wall Street Journal 11/01/2011

Moody's Downgrades Sony, Panasonic

Wall Street Journal 01/23/2012

Panasonic Forecasts $10 Billion Loss

Wall Street Journal 02/03/2012

TVs Drag Down Panasonic

Wall Street Journal 05/14/2012

Sony, Panasonic and Olympus in the high end SLR camera market

04/15/2012

New products competing against Nikon and Canon in this segment that offer higher margins to Sony and Olympus.

Grouped Articles

Phones Imperil Fancy Cameras

Wall Street Journal 11/09/2013

Try Shooting a Look at Mirrorless Cameras

Wall Street Journal 02/12/2014

Nikon Shifts Focus to Health as Camera Sales Flag

Wall Street Journal 06/17/2014

Nikon Lost in Hall of Mirrors

Wall Street Journal 06/26/2014

A New Focus for Camera Makers

Wall Street Journal 04/15/2012

Olympus: Preserving Brand Premise of Tie-Up Talks

Wall Street Journal 06/27/2012

Japan Display K.K.- LCD merger of the operations of Sony, Toshiba and Hitachi in 2011

04/22/2010

Competition and efforts to consolidate operations of Japanese manufacturers of LCD dislays for television sets.

Grouped Articles

How Vizio Beat Sony in High-Def TV

BusinessWeek 04/22/2010

Japan Display to Raise Up to $2 Billion in IPO

Wall Street Journal 09/13/2013

New Sony CEO to Cut 10,000 Jobs

Wall Street Journal 04/10/2012

Japan Display Plans $4 Billion IPO

Wall Street Journal 02/15/2014

Japan Display Opts for Cautious Offering Price

Wall Street Journal 03/11/2014

Japan Display Comeback Marred by Weak IPO

Wall Street Journal 03/19/2014

Sony

02/28/2009

Grouped Articles

Stringer Steps Up as Sony Faces Slump

Wall Street Journal 02/28/2009

Sony Losses Raise Pressure on Stringer

Wall Street Journal 05/15/2009

Sony, Nintendo Pursue Different Paths

Wall Street Journal 06/03/2009

Sony Bets On 3-D To Drive TV Sales

Wall Street Journal 11/27/2009

Sony Bets on Online Push

Wall Street Journal 11/20/2009

How Vizio Beat Sony in High-Def TV

BusinessWeek 04/22/2010

Sony financial performance 2010-2015

07/08/2010

Grouped Articles

Weaker Yen Puts Japanese Profits on a New Track

Wall Street Journal 05/07/2013

Sony Posts a Small Profit, Its First in 5 Years

New York Times 05/09/2013

American Investor Targets Sony for a Breakup

New York Times 05/14/2013

Japan's Electronics Under Siege

Wall Street Journal 05/15/2013

Sony’s Bread and Butter? It’s Not Electronics

New York Times 05/27/2013

Sony's Loss Is Black Eye for CEO

Wall Street Journal 10/31/2013

Sony strategies

05/29/2006

Grouped Articles

American Investor Targets Sony for a Breakup

New York Times 05/14/2013

Sony Grabs Lead in Race for Internet Pay TV

Wall Street Journal 08/16/2013

Sony Struggles to Stay In the Game

Wall Street Journal 11/01/2013

Samsung Threatens Sony's Progress

Wall Street Journal 07/08/2010

Sony Slashes Forecast to $1.1 Billion Annual Loss

Wall Street Journal 02/07/2014

After Losses, Yet Another Overhaul for Sony

New York Times 02/06/2014

Sony under CEO Kazuo Hirai

02/01/2012

The Playstation unit chief assumes the CEO position in January 2012. He emphasizes user experience and bringing Sony's diverse products under the direction of the UX group. Hirai makes some of the tough decisions facing Sony such as cutting its size in the television business.

Grouped Articles

Sony Posts a Small Profit, Its First in 5 Years

New York Times 05/09/2013

Sony Slashes Forecast to $1.1 Billion Annual Loss

Wall Street Journal 02/07/2014

Sony Signs Video Game Deal with Shanghai Oriental Pearl

Wall Street Journal 05/27/2014

Sony Turnaround Effort Falters, Expects $2.15 Billion Yearly Loss

Wall Street Journal 09/18/2014

Sony Head Thanks Supporters in Hacking Attack

Wall Street Journal 01/06/2015

Sony CEO Remains Committed to Consumer Electronics

Wall Street Journal 01/08/2015

SONY's LED television display technology

04/22/2010

Grouped Articles

How Vizio Beat Sony in High-Def TV

BusinessWeek 04/22/2010

Samsung Threatens Sony's Progress

Wall Street Journal 07/08/2010

New Sony CEO to Cut 10,000 Jobs

Wall Street Journal 04/10/2012

Sony’s TV Business Mends, but Will It Be Enough?

Wall Street Journal 12/14/2014

Sony CEO Remains Committed to Consumer Electronics

Wall Street Journal 01/08/2015

Sony Taps New Type of Screen for TV Sets

Wall Street Journal 01/10/2012

Sharp Corp. and its manufacturing facilities for LCD.

11/30/2009

Grouped Articles

Sharp Seeks to Spin Off LCD Panel Unit

Wall Street Journal 04/06/2015

Sharp Nears Deal With Lenders on Debt-for-Equity Swap

Wall Street Journal 04/18/2015

Sharp to Explore Options for LCD Panel Business

Wall Street Journal 08/03/2015

Sharp's New Plant Reinvents Japan Manufacturing Model

Wall Street Journal 11/30/2009

LCD Makers Settle Price-Fixing Claims

Wall Street Journal 12/28/2011

Prices for LCD TVs Continue to Fall

Wall Street Journal 12/28/2011

Sharp Corp. strategies

07/25/2011

Grouped Articles

Sharp to Raise Up to $1.67 Billion

Wall Street Journal 09/19/2013

Sharp Seeks to Spin Off LCD Panel Unit

Wall Street Journal 04/06/2015

Sharp Nears Deal With Lenders on Debt-for-Equity Swap

Wall Street Journal 04/18/2015

Sharp Shares Plunge Ahead of Restructuring

Wall Street Journal 05/12/2015

Sharp Restructuring Plan Fails to Impress

Wall Street Journal 05/15/2015

Sharp to Explore Options for LCD Panel Business

Wall Street Journal 08/03/2015

Foxconn's stake in Sharp Corp.

03/27/2012

Grouped Articles

Foxconn Tries to Move Beyond Apple’s Shadow

New York Times 05/06/2013

Sharp to Raise Up to $1.67 Billion

Wall Street Journal 09/19/2013

Sharp Seeks to Spin Off LCD Panel Unit

Wall Street Journal 04/06/2015

Sharp Nears Deal With Lenders on Debt-for-Equity Swap

Wall Street Journal 04/18/2015

Sharp Restructuring Plan Fails to Impress

Wall Street Journal 05/15/2015

Apple Assembler Hon Hai Should Be Wary of Sharp’s Edges

Wall Street Journal 12/29/2015


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