>
> > Panasonic, Sony and others are reporting massive losses this year. I
> > believe this is mostly related to several factors:
> >
> > 1. Earthquake/Tsunami.
> >
> > 2. European financial crisis.
> >
> > 3. Delayed losses.
> >
> > 4. Arab Spring.
> >
> > 5. Digtial TV mandate in the USA.
> >
>
> A major factor is the strong Yen, it was 1 to 120 in 2007 and now 1 to 78.
> Who can sustain such a big raises. It was casued by both US and European
> financial crisis. Their government seem not too concern or not able to
help
> much.
>
> The losses in TV section is due to over supply, the LCD panel
manufacturing
> just grew to fast.
>
All of this is adding credibility to the unpalatable predictions voiced
in the recently published book "Aftershock" by Wiedemer et al. There's
another book by the same title by Clinton-era labor secretary Robert B.
Reich, which is equally sobering.
Save string.
Chris
--
_________________________________________________________________
Options: http://lists.thomasclausen.net/mailman/listinfo/olympus
Archives: http://lists.thomasclausen.net/mailman/private/olympus/
Themed Olympus Photo Exhibition: http://www.tope.nl/
|