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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.



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


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


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