A few corrections:
There were many Japanese panel makers, Hitachi, Sharp, Sony, Toshiba, Panasonic etc.
As they were facing financial difficulty, the Japanese government engineered a merger (minus Sharp and Panasonic) under the “Innovation Network of Japan” fund to form Japan Display Incorporated.
As mentioned Japan held many of the LCD patents.
Sony also did launch a streaming service called “Crackle”, it actually some hit exclusives like “Joe Dirt 2” and “Rob Riggle’s Ski Masters Academy” /sarcasm
Like I said, can’t really be so simple to say it’s one single problem. It certainly is not a simple case of Japanese companies failing to innovate, Plasma was still coveted until OLED came in. One of the issues is probably the rate of innovation falling behind business efficiency. An example is Japanese companies favouring domestic supply chain over lowest cost. As Chinese and Korean competition improved their quality, Japanese companies could no longer count on commanding a premium.
Swinging back on topic, the Chinese EV companies are actually hitting both targets at the same time right now which is kind of rare. XPeng is delivering competitive cars right now at a decent price. The recent win by XPeng over Tesla was big. If they had to redevelop their software, it could’ve been a major setback. Instead they were vindicated and are armed with a first to market low cost LIDAR.
There were many Japanese panel makers, Hitachi, Sharp, Sony, Toshiba, Panasonic etc.
As they were facing financial difficulty, the Japanese government engineered a merger (minus Sharp and Panasonic) under the “Innovation Network of Japan” fund to form Japan Display Incorporated.
As mentioned Japan held many of the LCD patents.
Sony also did launch a streaming service called “Crackle”, it actually some hit exclusives like “Joe Dirt 2” and “Rob Riggle’s Ski Masters Academy” /sarcasm
Like I said, can’t really be so simple to say it’s one single problem. It certainly is not a simple case of Japanese companies failing to innovate, Plasma was still coveted until OLED came in. One of the issues is probably the rate of innovation falling behind business efficiency. An example is Japanese companies favouring domestic supply chain over lowest cost. As Chinese and Korean competition improved their quality, Japanese companies could no longer count on commanding a premium.
Swinging back on topic, the Chinese EV companies are actually hitting both targets at the same time right now which is kind of rare. XPeng is delivering competitive cars right now at a decent price. The recent win by XPeng over Tesla was big. If they had to redevelop their software, it could’ve been a major setback. Instead they were vindicated and are armed with a first to market low cost LIDAR.