Summary
Like the Japanese in the '60s and the Europeans after the war, the Asian OEMs will eventually change the face of the market with product that is just as good as the current Japanese stuff but at a lower price point. The question is, what will the Japanese do to defend their position? Higher tech? Different products? We hear a lot of moaning about how the Chinese allegedly are flooding the market with lots of cheap, inferior product.
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Extract
Changes
They say nothing remains the same, and in my experience that's true. Our industry is always changing, but usually the changes are so subtle you don't notice th...
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