"Japan’s electronics giants in the valley of the trenches," "record loss spurs fears for sharp’s future," "despite restructuring: sony still deep in the red" – the headlines about the japanese electronics industry from the past year paint a gloomy picture, even if sentiment has recently brightened again thanks to the enormous devaluation of the yen and a rough economic stimulus package from the abe government. At japan’s leading electronics trade fair ceatec, sony, sharp, panasonic& co. But they continue to face questions about whether they will be able to keep up with the competition from south korea, china and california in the future.
Samsung in particular has taken a heavy toll on the once powerful japanese flagship company. The south koreans now dominate the television market, produce by far the most smartphones, and are also a global giant in the semiconductor business. Meanwhile, sony struggled with losses for years. And the highly indebted sharp group had trouble convincing urgently needed investors.