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The Koreans and Chinese have made it really hard for any Japanese company. The Chinese don't have the same labor laws, and the Koreans are really good at copying shit. Even the Korean companies are starting to feel pressure from Chinese.

Doesn't help that there is a growing minority of those willing to pay for quality in certain sectors. For example. TVs. Standalone cameras. Etc. The profit margins have been eroded to no end. Not many are willing to spend double for a Bravia TV for 10% better PQ.