Or Sony. Or Panasonic. Apparently, without much fanfare, the Japanese consumer giants are getting their lunches eaten by competition from Korea, China, and elsewhere. As someone who grew up with those brands, it's kind of shocking.
Reshared post from +Jeff Zimmerman
10-15 yrs ago Panasonic and Sony Ruled….Now…Panasonic and Sony have lost more in the past five years than they have made profits in the past two decades..What Happened??
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The era of Japanese consumer electronics giants is dead
Once venerable names in consumer electronics such as Sony, Panasonic, and Sharp have been besieged by competition from rivals in the U.S., South Korea and, increasingly, China. Read this article by Ro…
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Panasonics been losing market share for a long time, I know cause I used to work on their marketing in Canada. Part of the problem is that their prices are SO overinflated and you don't get much better if any better product then something that costs hundreds less.
I just find it amazing, given all the Sharp, Sony, and Panasonic products I've had (and still have, for that matter).