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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (58006)	12/21/2001 4:40:10 AM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

"YEARAHEAD-Japan's electronics makers brace for bleak 2002" Link: biz.yahoo.com Snips: With their key markets mostly expected to post little or no growth next year, several of the industry's chief executives this week chose such terms as ``perseverance'', ``survival'' and ``crisis management'' to sum up their objectives for 2002. TROUBLED TITANS Of Japan's seven electonics titans, only Sony and Mitsubishi Electric Corp expect to squeak through the business year to next March with marginal net profits. The other five -- computer and chip makers Toshiba, NEC Corp , Hitachi Ltd , Fujitsu Ltd and Panasonic brand electronics maker Matsushita Electric Industrial Co Ltd -- have forecast consolidated net losses that tally up to a whopping 1.2 trillion yen ($9.3 billion) AdvocateDevil