Print 13 comment(s) - last by Lazarus Dark.. on Aug 5 at 9:49 PM

There is still a high level of uncertainty among Japanese companies unsure how to battle foreign competition and a dismal economy

The Japanese economy is still attempting to rebound from an extremely turbulent experience following the March 11 earthquake and tsunami that killed at least 22,000 people. Major Japanese nuclear power plant issues aside; the country's government and business economy must try to salvage its fiscal year. 

Due to these prolonged economic issues, Japanese tech companies also languish
 as they face numerous obstacles. 

There is a constant change that has drawn criticism from Japanese legislators; they are pressuring companies to keep products flowing outside of the country. Although Japanese-made products are practically everywhere in the US, there is growing concern not enough tech-savvy products are being released.

Nintendo remains in the red as the Japanese game maker continues to look for ways to generate revenue in current products. To help spur interest, Nintendo plans to drop the cost of the 3DS almost $130 later this month in Japan. The 3DS earned fast attention from gamers, but has struggled to keep interest up. 

Nintendo should face an extremely interesting challenge when the Sony PlayStation Vita hand-held is released in the US later this year for $299. Even the Vita will face pressure in the United States competing with Nintendo and mobile phone gaming systems. 

Panasonic's acquisition of Sanyo will lead to job cuts and corporate reshuffling, while tech-based companies also look to expand their product portfolios.

Companies will continue to have trouble in a rough global economy, with the Japanese infrastructure still recovering from the March tsunami. The entire Japanese economy is still in recovery mode, and its stock market recently suffered when more doubt arose in the US economy.

Companies such as Sony, Toshiba, Canon, and other long-time superpowers must evolve and perhaps open the door for more foreign products to hit the US and European markets. Japanese tech news sites routinely announce consumer electronics products that are destined for the Japanese market only.

Japanese consumer spending still remains low -- and isn't expected to change immediately -- while Japanese companies also struggle.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

japan's fine
By inperfectdarkness on 8/4/2011 6:50:43 AM , Rating: 2
they won the world cup, and i don't harbor any grudges; that is the extent of my sympathies.

RE: japan's fine
By heffeque on 8/4/2011 7:40:01 AM , Rating: 2
Actually it was Spain who won the world cup, not Japan.

RE: japan's fine
By Razor'sedge on 8/4/2011 10:23:38 AM , Rating: 2
He is referring to the Women's world cup which Japan won.

RE: japan's fine
By ClownPuncher on 8/4/2011 12:40:57 PM , Rating: 2
What was the cup-size?

RE: japan's fine
By Samus on 8/4/2011 12:52:23 PM , Rating: 3

RE: japan's fine
By dajeepster on 8/5/2011 6:18:41 AM , Rating: 2
as awarded by the IBTC..

what the deuce?
By inperfectdarkness on 8/4/2011 6:54:47 AM , Rating: 2
$130 off 3DS? they were selling for $250 before! so i can go buy one right now, new, off the shelf--for $120!!!???!!!

post the store! i'm already there!

RE: what the deuce?
By torpor on 8/4/2011 2:41:15 PM , Rating: 2
In Japan.

It'll be an $80 reduction in the US, coming in September.

RE: what the deuce?
By someguy123 on 8/4/2011 8:03:02 PM , Rating: 2
I'm assuming that's just yen to USD conversion since the dollar is pretty weak right now. The price is coming 80USD like the poster above me mentioned.

By Slaimus on 8/4/2011 10:29:20 AM , Rating: 2
Another big problem for Toshiba is that they bought Westinghouse's nuclear division right before the earthquake. Talk about bad timing, that will be a drag on their balance sheets for a while.

By icanhascpu on 8/4/11, Rating: -1
RE: Problem
By ClownPuncher on 8/4/2011 12:42:56 PM , Rating: 1
How is that censorship? I can still see your post, and it still has a "bad" word in it. Stop being a fucking emo.

RE: Problem
By Lazarus Dark on 8/5/2011 9:49:04 PM , Rating: 1
Huh? what are you trolling about?
Anyway, it's not about "bad words".
It's about expanding your vocabulary.
Prove you are intelligent enough to be allowed into the discussion by communicating like you have some education.

“So far we have not seen a single Android device that does not infringe on our patents." -- Microsoft General Counsel Brad Smith

Copyright 2015 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki