Debut of firm's shares marks comeback of Japan's personal-computer guru
Article Abstract:
Ascli Corp has made a comeback from hard times as Ascli stock begins trading in Japan's over-the-counter market. Revenue has risen 70 percent over three years to $164.6 million in the year ended Mar 31, 1989. Ascli's founder, Kazuhiko Nishi, has a personal stake in the company of about $30 million. Nishi helped popularize microcomputers in Japan, and The Wall Street Journal named him one of the rising stars of the business world in a special centennial edition. Nishi and his company were dumped by Microsoft Corp, the software company whose products were the major system for operating microcomputers in Japan. Ascli lost one-eighth of its revenues, and Nishi owed Microsoft half a million dollars. Ascli's comeback philosophy is based on the idea of diversifying products. The company gets one-third of its revenues from publishing, but its biggest area of growth is in semiconductors.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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New U.S. semiconductor pact irks some Japanese companies
Article Abstract:
Most government officials and industry leaders in the US seem pleased with the new semiconductor trade agreement between the US and Japan, but some Japanese are less happy with it. According to a senior VP at Toshiba Corp, for example, the new semiconductor agreement infringes on free trade 'which shouldn't be limited by agreements of any kind.' A NEC executive, referring to a market-share goal for foreign companies in Japanese markets, regrets that 'the 20 percent semiconductor purchasing target is still included in the new agreement.' But Andrew Procassini, president of the US Semiconductor Industry Association, does not view these statements as representative. Nor do others, who say that although the Japanese still publicly advocate a hard line, their behavior has changed, and they now are trying to open more opportunities for foreign companies in their markets.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Future appears bright for 'flash' chips
Article Abstract:
Intel Corp agrees with Sharp Corp, the Japanese semiconductor manufacturer, to cooperate in the development and manufacture of 'flash' memories. Intel's general manager, Richard Pashley, foresees a $200 half-pound portable computer with a 200-hour battery life by the end of the 1990s, made possible by this technology. Some industry observers believe that there is a potential $1.45 billion market for flash memories by the year 1995, and some believe the market could reach $10 billion in ten years. The agreement between Intel and Sharp is said to signify a growing American dependence on Japanese money and technological capabilities.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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