First GDP, Now Panels: China Outstrips Japan Again
Over the last decade, an era marked by China’s rise, the abiding decline of Japan’s competitiveness has sent the two countries’ economies headed in opposing directions toward an inflection point.
In February, China officially passed Japan to become the world’s second-largest economy. The changing of the guard in terms of GDP underscored a trend playing out in industries from automobiles to luxury goods. It’s a trend not lost on Americans.
Technology research firm DisplaySearch has identified another shift, this time in the production of large-sized liquid crystal display panels, the basic screen component for flat-screen televisions, computer monitors, laptops and tablet computers.
