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From Indonesia : Bye-Bye Toshiba and Panasonic !!!

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BKPM Tells Laid-Off Toshiba, Panasonic Workers Not to Worry

Jakarta.
The Investment Coordinating Board (BKPM) says there will be ample demand for workers in manufacturing from foreign investors this year, allaying concerns on rising unemployment numbers in the country after Japanese electronic giants Panasonic and Toshiba closed their plants.

"A Chinese investor in the electronic business, who is currently constructing [a plant] in Tangerang, has planned to absorb 1,500 workers. There is also an investor in the textile business in Central Java who is currently having difficulty finding workers," Franky Sibarani, the BKPM chief, said in a statement on Thursday (02/04).

Franky's comment came after Panasonic closed its compact fluorescent lamp (CFL) in Cikarang West Java and Toshiba shut down its remaining washing machine production facility in the country, leaving 2,500 of workers out of a job.

Said Iqbal, the chairman of the Confederation of Indonesian Workers Unions (FSPMI) said the two companies are still negotiating with the workers about severance payments. Still, he said the layoffs would exacerbate unemployment in Indonesia.

The Indonesian economy has been suffering from low global commodity prices and a slowdown in investment.

Some 7.6 million people, or 6.18 percent of of Indonesia’s 122 million strong workforce, were out of a job in August 2015, up from 5.9 percent in the same month a year earlier, the latest data from the Central Statistics Agency (BPS) shows.

Incompetitive

Panasonic Gobel Indonesia, the Japanese firm's unit in Indonesia, said its decision to close the Cikarang plant was part of its strategy to move away from CFL technology and bet on light emitting diode (LED) based lamp production instead.

The company merged CFL manufacturing unit Panasonic Lighting Indonesia into Panasonic Gobel Eco Solution Manufacturing Indonesia and closed Panasonic Lighting's plant in Cikarang to improve efficiency and competitiveness, it said.

"Panasonic is still optimistic and sure of the business in Indonesia. We won't run away," said Rachmat Gobel, Panasonic Gobel Group president commissioner, and a former trade minister.

The company is giving its employees three choices as part of the merger: work in Pasuruan (East Java) or Cileungsi (West Java), join other companies under Panasonic Gobel Group or resign.

Meanwhile, Toshiba announced in December that it had sold Toshiba Consumer Products Indonesia, the group's manufacturing base for televisions and twin-tub washing machines in the country, to China-based Skyworth, a holding company for television and audio-visual product makers.

Toshiba,which produces almost anything, from PCs to nuclear reactors, had to take drastic reform steps last year after it revealed that the company had been cooking the books since 2008 to appear more profitable.

Toshiba Consumer Products Indonesia employed 1,197 people as of the end of November 2015.

http://jakartaglobe.beritasatu.com/business/bkpm-tells-laid-off-toshiba-panasonic-workers-not-worry/

Indonesia Economic is still in Good way.

Nice to see, Companies from Other Country, especially from China and South Korea to build New Manufacturing Plant in
Indonesia despite Japanese company Closed their Manufacturing Plant in here.
 
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There are still many people who spend thousands to get real sound home theater, not BOSE and tiny 3" speakers whom marketers try to convince the non audiophiles that it sounds better than full sized standing floor speakers.

Definitely there is a home theater market but it is nowhere close to the millions and millions of people who used to buy rack systems piece by piece.

Plus another thing that killed their marketshare was when tv set speakers actually started sounding pretty good. It was not unusual to have a 5.1 sound system connected to your tv because the speakers on most TV sets were tinny crap. Turn up the volume and it was horrible. Now it is not anywhere near as bad.

I used my square Bose for regular tv show watching and floor speakers for music. Bose behind me and big floor ones in the front.
 
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Found Nice picture about Global LCD TV Market Share from 2008-2014.
LED Market Share.png

South Korean and Chinese LED TV Companies Rising.


asing berganti asing.. nothing is changed, basically.

Memang, tapi kita harus belajar dari mereka.
 
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TCL and Hisense, Wow ... it seems those domestic LCD TV makers selling TVs to foreign much more than in China. I think Samsung and Sony still sold well in China market ... of course both r "Made in China" JiangSu province.:D


Any idea who is making Vizio brand TVs? It was no.1 a couple years ago in the US market by volume.
 
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Their failure to lower their costs is resulting in their demise. Panasonic or Toshiba has well the capacity to produce quality TV's at low costs. But I dont think they do
 
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Japanese Consumer Electronic Companies is in Big Trouble for sure :frown:




From what I heard, there is a company again from Consumer Electronic too, to close their Factory in Karawang Industrial Complex this year.
I don't know what company is it.





Toshiba To Sell Its TV Plant In Indonesia To China-based Skyworth.

12/21/2015 4:57 AM ET

Toshiba Corp said it has reached an agreement with China-based Skyworth on the sale of PT Toshiba Consumer Products Indonesia, the company's manufacturing base for TVs and twin-tub washing machines.

The sales price is estimated to be $25 million, or 3 billion yen. The company plans to complete the sales by 2016.

The agreement will give Skyworth a license to use the Toshiba brand name in Asia, excluding China.

At the same time as the company transfers the TV manufacturing plant, it will close down the washing machines manufacturing unit located on the same site, and sell the land and the production facilities.

by RTT Staff Writer

Toshiba To Sell Its TV Plant In Indonesia To China-based Skyworth

One Going down, and One Rising. :coffee:
The Law of Nature


I hope some of Japanese staff will remain on their job for a period of time. Chinese still have something to learn from their Japanese counterpart when it comes to quality control and work culture.
 
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Panasonic is also closing one of its plants in Beijing,affecting the livelihood of hundreds of workers。

Bye Bye Panasonic。:D:D
 
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Toshiba reportedly to close R&D center in Taiwan

Aaron Lee, Taipei; Steve Shen, DIGITIMES

[Thursday 4 February 2016]

Toshiba reportedly plans to close its R&D center in Taiwan and will lay off about 100 engineers working at the center, according to sources in Taiwan's notebook industry.

As the planned lay-off is scheduled to be executed by the end of March, some local notebook brands and ODMs have begun to raid talent from the R&D center, the sources noted.

Meanwhile, Toshiba has also decided to produce notebooks in-house and will cancel its 2016 notebook orders placed with local ODMs, mainly Pegatron and Compal Electronics, the sources revealed. Toshiba ships about 7-8 million notebooks a year.

Toshiba will also shift the focus of its PC business to the business sector and will promote its consumer notebooks mainly in the US and Japan, indicated the sources.
 
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Any idea who is making Vizio brand TVs? It was no.1 a couple years ago in the US market by volume.
VIZIO品牌的平板电视,全部在海外代工生产,其最主要的两家代工厂是台湾的瑞轩科技富士康。这在全球十大平板电视品牌中是代工比例最高的。比如,代工比例排在第二位的飞利浦公司,只有六成产品由海外代工制造。而对索尼、夏普和三星来说,这个数字都低于20%。除了代工生产全部产品之外,VIZIO还在全球范围内对平板电视零件进行比价采购,进一步压低了整机成本。
VIZIO并非没有意识到自身弱点所在。事实上,VIZIO最大的两家OEM厂商,瑞轩科技富士康,均持有该公司股份,这也就成为VIZIO维持与上游厂商之间长期稳定合作关系的重要基础。而在销售渠道方面,VIZIO同样与好市多和山姆会员店保持着非常良好的合作关系。

Vizio LCD TV produced by FOXCONN and another TaiWan company ... The TaiWan company '瑞轩科技' their TV factory in China JiangSu city.
◆2003年30吋高亮度分辨率TV量产出货;大陆苏州厂开始生产。
◆2004年完成世界第一台23吋LED背光模块TV。50吋高亮度高分辨率电浆显示器开发成功。
◆2005年开始经营北美区域性自由品牌,透过通路销售液晶电视及电浆电视。
◆2006年TV机种ID设计得到工业界二大殊荣-IF及Red Dot设计大奖。北美前五大电视销售品牌。
◆2007年Vizio品牌电视于台湾上市、美国平面电视销售前三大品牌。
◆2008年北美平面电视市占率第2名。大中华区唯一荣获IF设计大奖之殊荣。
◆2009年第一季及第二季,北美平面电视市占率第1名。
 
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The OP tone is as if Toshiba is going busted by closing down factory in Indonesia, but quite contrary, they are growing quite well. In fact, they closed the Indonesia factory to open new one in Thailand...

In fact, I think it's pure Indonesian lost...

Yeah, Growing Quite well, Very very Well Until must Manipulate their Profits report . :coffee:

Toshiba in serious trouble as CEO quits over $1.2 billion accounting scandal !

phpcersyi.jpg


Hisao Tanaka, the CEO and president of Toshiba, has resigned after the company was found to have overstated its operating profits for the last six years, to the tune of $1.2 billion (£780 million).

He and two others in senior management, vice-chairman Norio Sasaki and advisor Atsutoshi Nishida, will leave the company as Toshiba looks to reestablish trust in its operations by shareholders and investors alike.

It is claimed that Tanaka and Sasaki created an environment at Toshiba that pressured department heads to falsify figures in order to meet strict targets. They both knew about the overstated profit announcements, it has been revealed.

During a news conference to announce their departure, the three heads bowed and showed remorse. "I see this as the most damaging event for our brand in the company’s 140-year history,” said Tanaka to the gathered world media "I don’t think these problems can be overcome overnight."

Toshiba's chairman, Masashi Muromachi, will take the helm until a new CEO can be found. He has a trouble task ahead of him in light of the revelations, one of which will be how to fully address the findings into the financial scandal presented by the Independent Investigation Committee.

It is claimed that Toshiba could sell parts of its business to balance its books as it looks to repost financial results for the period affected.

PUBLISHED: 21 JULY 2015 12:03


Toshiba in serious trouble as CEO quits over $1.2 billion accounting scandal - Pocket-lint

Overstated their own Profits Report until $1,2 Billion USD :o:
Wow, That's really a Huge Number.


The latest one:


790549001446024135.png

2015 is a Nice Year for TCL LED :partay:

Samsung is still on the Top.
Congrats for South Korea @sEoulman556 :cheers:
 
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