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How Japan's Tech industry Failed

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In the early 1990s, Japan's electronics industry was the world's envy. But by the end of the decade, the industry was in decline, and today, Japan is a shadow of its former self. There are a number of factors that contributed to Japan's decline in the electronics sector. One was the country's overreliance on a few large companies, such as Sony, Sharp, JVC, Toshiba, Fujitsu, NEC, Panasonic, and Pioneer. These firms dominated the industry and were slow to adapt to changing consumer preferences. In this video, we explore the reasons behind Japan's failed electronics industry, and what it means for the country's future.

This Video answers the Questions:
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posted by lauhoitsunko