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Embittered manufacturers in the U.S. contend that Japanese makers have managed this coup by selling semiconductors at a loss, with the aim of pushing their U.S. competitors out of the market. The Japanese chipmakers tend to be diversified electronics giants (the big three: NEC, Hitachi and Toshiba) that can afford to lose money temporarily on semiconductors because they can rely on other revenue to tide them over. In contrast, U.S. chipmakers tend to be specialized, entrepreneurial companies that are more sensitive to profit slumps. An exception is IBM, the world's largest semiconductor maker, but the computer giant sells none...

Author: /time Magazine | Title: Feeling the Crunch From Foreign Chips | 10/27/1986 | See Source »

...generation's reflections have made clear that seeking so grandiose an objective as total nuclear disarmament not only is futile but diverts effort from more attainable and useful goals. Arms control has a more modest aim: increased stability in the forces of the two sides. But it is doable...

Author: /time Magazine | Title: The Dangers of a Nuclear-Free World | 10/27/1986 | See Source »

...added that the ultimate aim of American business is to make money for the shareholders, while Japanese businessmen focus on the well-being of their employees instead...

Author: NO WRITER ATTRIBUTED | Title: Vogel Discusses Japan's Success | 10/22/1986 | See Source »

...stated aim of Harvard's five-year-old Core Curriculum is to introduce students to different "modes of learning" or academic approaches. Its authors eschewed the notion that students should be required to master a basic body of knowledge--or that such a body of knowledge could be defined...

Author: By David S. Hilzenrath, | Title: Bennett: Harvard Epitomizes Failures in Higher Education | 10/10/1986 | See Source »

...meeting of the International Monetary Fund and the World Bank, the finance ministers and central bankers of Japan, Britain, West Germany, France and the U.S. closeted themselves for more than seven hours in Treasury Secretary James Baker's conference room in Washington to discuss the increasingly painful issue. The aim of the so-called Group of Five was to restore some semblance of unity to worldwide monetary policy. They failed to do that on Friday, but after a 4 1/2 hour Saturday meeting with their counterparts from Canada and Italy issued a bland communique. It said that "cooperative efforts need...

Author: /time Magazine | Title: Pushing the Greenback Around | 10/6/1986 | See Source »

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