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© Thomson Reuters 2020.From iPhones to e-axles: How one Japanese tech firm is pushing into electric vehicles
By Norihiko Shirouzu©2024 GPlusMedia Inc.
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Sh1mon M4sada
More evidence of why Japan industries are in decline or will be in time, Japanese execs just can't read the tea leaves. Globalization, volume dominance is yesterday's game. Friends of USA, should look at USA's lead and its efforts to re-nationalizing industries.
You can't compete freely globally if the biggest player -China- has an iron cage around its commerce and internet borders. Worse still it's a border fortified with weapons (just look at how hard Australia has been targeted by these weapons).
Those with a global supply chain will find in the future that instead of it being a competitive advantage, instead will find red tapes and complexities as nations reciprocate trade arrangements bilaterally to deal (especially) with China and other authoritarian states who put up barriers to true free trade.
Sh1mon M4sada
??? Toyota is giving away the technology, how inexpensive is 'free'?. Nagamori san's company was lucky to be in the right place, at the right time. But that game is almost over. Nagamori san will be yesterday's man sooner rather than later.
The deeper you engage with China, the harder, quicker you will fall.
Septim Dynasty
Actually, Nagamori-san has been deeply engaging with the CCP and VCP for a long time now. He is the most pro-China and pro-globalized person in Japan along with Masayoshi Son and Tadashi Yanai. Most of his factories are in China, and all of other factories scatter throughout Southeast Asia. Nidec might look 14 billion USD on papers, but most of the profits stay in China and Vietnam, mostly China. The respective Communist Parties are very adamant at keeping the foreign revenues within the borders. Especially with China, they go one step ahead through forcing technology transfer. The Chinese already possessed the know-how tech on producing the Nidec's products but they simply don't have the exorbitant privilege of market access to the West, like Japan has.
If the Chinese or Vietnamese manufacturers can become suppliers of Apple or other Western corporations, Japan and South Korea are toasted because both Communist nations, ideologically allied but politically polarized, will initiate the global price wars. China did this with steels and manufactured products dumping across the world, Vietnam did with agricultural products across the world.
kurisupisu
Too many countries have been taught a hard lesson that it is impossible to believe what the Chinese say-they are duplicitous.
For that reason, China will be hampered going forward...
3RENSHO
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