David McNeill: Japanese firms struggle to retool for ‘internet of things’

Source: „It may be difficult to recall now but in the late 1980s Japanese companies ruled the world of hi-tech gadgets. Sharp and Hitachi were household names. Panasonic and Sony sold a huge chunk of the planet’s video recorders, televisions and music players, and barged into Hollywood to snap up two of the crown jewels of American popular culture: Universal and Columbia movie studios. Popular magazines ran covers showing giant sumo wrestlers stomping through the citadels of Western capitalism.
Today it is Apple, Google and Samsung that are the rock stars of global technology. This week Apple plans to unveil its vision of the smart home, all part of its aim to take leadership in the “Internet of Things”.”