executive impact

Panasonic chief upbeat for this year

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Panasonic, while turning around money-losing Sanyo, must fight off the threat of Samsung Electronics Co of South Korea, which has been reporting booming profits recently.

People around the world are simply boycotting Japanese products and instead opting for Korean made items. It's only going to get worse for Japan, as the jig is up. News flash, Samsung is not the only company in Korea thats tearing Japan a new a-hole.

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They're going to have a VERY hard time catching up to Samsung, let alone surpassing them, and Samsung is either working on or has unveiled a lot of the tech Pana-Sanyo is now working on. What's more, unless Panasonic DRASTICALLY cuts the cost of solar-panel tech., no one but the rich are going to buy it from them, despite it perhaps being better quality.

Finally, as guest pointed out, a lot of people are starting to boycott Japanese products, and with them stating flat out they are going to ignore bans on this and that, and continuing to defy the world on certain issues, well... that's not going to encourage people to STOP boycotting.

Of course, Panasonic CAN and probably WILL force all its employees to spend their entire bonuses and 100,000 a year on its products, but I doubt that will make up the shortfall in itself.

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I remember back in the mid-80's when I visited Matsushita Elec it had well known press coverage of the inter-company rivlary problems and there were posters hanging on the factory floors encouraging employees to be more cooperative with each other. Sanyo-Panasonic merger is an interesting case in that the founder's sister and her husband, a former employee, founded Sanyo Electric as the reason I believe prompted the two companies to merge when push came to shove during an economic down-turn.

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It will not "get worse" for Japan. The nation is a leader in electronic innovation. Have any of you been to America lately? Things are infinitely worse here tan in Japan. Also, the preference for Korean goods and boycott of Japanese products is only in your own maturbatory fantasies. Most people can't tell the difference from a Japanese or Korean company.

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Yeah, keep on rooting for those imaginary boycotts from "lots of people around the world". Then the J economy can tank and you can all lose your jobs teaching English and will be forced go back to your home countries to do something you're qualified for, like telemarketing?

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guest said,

People around the world are simply boycotting Japanese products and instead opting for Korean made items. It's only going to get worse for Japan, as the jig is up. News flash, Samsung is not the only company in Korea thats tearing Japan a new a-hole.

It's not about boycotting. Samsung, Korean company, have a lot of their electronic products on the store shelves. If one bought a Samsung HDTV flat-screen TV and get a free Samsung blu-ray player. Of course people are going to buy that. If Samsung works as well as a Panasonic product or better then they are going to keep buying Samsung and not Panasonic.

Panasonic and Sanyo will be productive and increase revenue if they sell more solar panale to Toyota, Honda, VW, and Ford.

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Panasonic and Sanyo will be productive and increase revenue if they sell more solar panale to Toyota, Honda, VW, and Ford.

Edit: Disregard the whole/unfinished sentence. There was a glitch and for whatever reason the post got posted.

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My completely unsubstantiated guess is that people who buy Samsung or LG usually do so because they are cheaper than Japanese products, not because they are "better". Japanese brand electronics are still seen as a premium brands in many parts of the world... the problem is people can't afford them.

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I'm really worried Japanese TV makers are going to go belly-up when 3D TV sets get discovered to be causing eye damage from prolonged exposure. It's been considered before and shelved because nobody knows what 8h a day of 3D TV will do to your spatial reasoning.

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I think people look towards goods made in Japan, specially electronic stuff, as better than other countries gadets. If I had to rate the top three companies for electronics, it would be, 1.Sony. 2. Toshiba 3. Samsung. of course, I'm sure other equipment is good too, but these three seem to be the tops.

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rranta, Samsung is Korean and is now now 1 electronics makers for sales.

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stevecpfc

Just because a company sells the most products, that doesn't mean it is number one in quality. Samsung may indeed be number one when it comes to sales, but I'd be willing to pay a premium for a Panasonic TV/Camera/Stereo/Fridge/AC over a Samsung product any day of the week.

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Wonder if they are going to hire any foreigners in Japan to help them with making their products sell able in the west.

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Panasonic forever...............please develop a beter 4/3 sensor for Olympus is my only request. The G2 rocks. Panasonic cameras and hifi for ever. Technics.

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