Originally Posted By: Gary Allan
When Japan got too expensive to employ their own people, they had to build assembly plants here.
Yes and no, Japanese in general have a very "strategic" vision from the government to the industry. Whatever they think is of national interest, the government will lead the way and give incentive for the industry to enter the R&D, financing, and all sorts of help.
In America, having the government broker truce between the union and the investor is considered "bail out" and "bought by the industry/union". You are on your own and therefore reward the activities with the highest ROI rather than the overall nation's interest first (i.e. the industrial strength rather than financial gain of investor or well being of the workers) .
We are capable of producing lower cost products at better quality than the real made in Japan products, both in the very high end and the very quick changing market. The Japanese still couldn't figure out how to anything other than DRAM and flash memory profitably. Their CPUs, wireless chips, DSPs, etc, are all limited to internal uses among their large conglomerates. Very rarely do you see any design outside the American or some European firms for these technologies and end products. Heck, even the Taiwanese can do a better job than the Japanese on many of these fast changing technologies.
Nonetheless they are darn good at perfecting a slow changing low tech products like TV, DVD, cars, to high volume, high quality, and high profit, when we would say it is "good enough" and move on to the next thing.