Comments by "Happy Melon" (@happymelon7129) on "Big Tech's big problems: From China to Silicon Valley | Business Beyond" video.

  1. Lessons from Toshiba, Alstom: how US suppresses foreign rival companies to maintain tech hegemony Toshiba: 'national security threat' Japan's semiconductor industry was in full bloom in the 1980s with government support before it was ground down by the US. It had surpassed the US as the world's largest chip supplier, and its market share of DRAM (dynamic random access memory) products reached some 80 percent in 1987, according to a Los Angeles Times article in August 1992. Toshiba, Japan's leading chip producer at that time, was then targeted by the US over "national security concerns." After Toshiba and Norwegian military enterprise Kongsberg Våpenfabrikk, were found in 1986 to be secretly selling sophisticated milling machines to the Soviet Union, Washington issued a 2 to 5 year ban on all Toshiba Corporation products , saying the sale to the Soviet Union had posed a threat to US national security, and Toshiba had violated a Coordinating Committee for Multilateral Export Controls (CoCom) agreement, which prohibited members from exporting advanced weapons or machines to the Soviet Union. Toshiba was reportedly severely hit by the scandal. Two of its managers were sent to jail and several senior executives resigned. The company spent some 100 million yen ($0.95 million) on advertising in almost all major US newspapers apologizing for its actions. The scandal ended up hurting its reputation and prestige it had established globally. Its many technical documents were also allegedly seized during a CIA investigation.
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