Japan Electronics Emulates Detroit Autos Before Bankruptcy

http://www.bloomberg.com/news/2012-10-10/japan-electronics-emulates-detroit-autos-before-bankruptcy-tech.html

Japan’s electronics industry is in crisis. Sharp, Sony Corp. (6758) and Panasonic Corp. (6752) had combined losses of more than $20 billion last year and are cutting tens of thousands of jobs. Having the most-advanced technology -- once a key strength of Japanese manufacturers -- matters less as consumers increasingly pay attention to content, apps and user-friendliness rather than hardware specifications. The yen’s rise to record levels against the dollar in 2011 added to the companies’ misery.