(Bloomberg) When Taiwan Semiconductor Manufacturing Co. unveiled plans to begin building a new chip fabrication facility in Japan in 2022 and start production in 2024, it looked like an implausibly aggressive schedule. Chip plants often take three years to complete, and, although the Taiwanese company had moved faster on its own turf, this would be its first such attempt in Japan — where it would have to navigate foreign bureaucracies and regulations.Most Read from BloombergNvidia Rises Most
Atsushi Osanai, an economics professor at Waseda University’s Graduate School of Business and Finance. He was commenting on the bankruptcy in May of former leading audio equipment maker Onkyo. Analysts say Onkyo’s failure reflects not only changes in how people listen to music but also signifies a common problem shared…
It was not long ago that the shelves at major electronics stores were lined with stereo systems, speakers and other products bearing the logo for Onkyo, one of Japan’s top audio equipment makers.