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Japan's Once Mighty Tech Industry Has Fallen Far Behind Silicon Valley


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Tokyo billboard iPhone 4S

Billboard for Apple's iPhone 4s is located in front of a SoftBank store in Tokyo, Japan, Friday, September 14, 2012.

Credit: LiPo Ching/Staff

In the 1980s, Sony co-founder Akio Morita fired a verbal missile across the Pacific at Silicon Valley: Japan's supremacy in business and technology would overwhelm U.S. competitors and lead to America's decline.

From Bloomberg Businessweek
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