Comment It's happened before (Score 0) 69
In the USA, there was Zenith, GE, RCA, Motorola, Admiral that had the lions share of television sales.
Then, the Japan came along and the USA television makers disappeared.
This happened about the time of the switchover from tubes (valves) to solid state televisions. With the
solid state boxes, you'd turn on the tv and didn't have to wait for it to "warm up".
Labor costs also figured into this shift to the Japanese sets. American workers wanted more and more
money after WW2 and labor costs increased. In Japan, reeling from WW2 was CHEAPER. As Japan
modernized and their population expanded, the labor costs in Japan increased as well. Now the shift
to CHINA where labor costs are LOW and for the most part, will REMAIN low as long as the CCP controls
everything. Not like the workers can demand much of anything. There has been some push back to the
labor problems in China, which has made some companies pull out and move to India. And the trend of
corporations to seeks out more profit and cheaper labor continues. Once AI/robots improve human labor
will be replaced with robots anyway.