JVC to bail out of domestic TV market
This an interesting item that seems to have an as yet unwritten under story.
full story here: asahi.com : JVC to bail out of domestic TV market – ENGLISH
Victor Company of Japan Ltd. (JVC), a pioneer in the early days of television, will likely become the first major TV manufacturer to withdraw from the domestic home TV market, sources said Wednesday.The company has decided that it will be difficult to improve profitability in the Japanese TV market amid fierce price competition for flat-screen TVs, the sources said.
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