Throughout history, technology had
proven the huge part that it plays in our ever progressing
society. From the day our forefathers invented the fire and tools, up
to the day that even human touch could operate a gadget. It dictates
how the world would fare and which one holds the control. It's a
never ending race for the betterment of humanity; and the leading
holds the power. Thus, it is important to consider it as a major
aspect in our fundamental analysis.
Japan is currently the third largest
economy next to China and US respectively. Aside from that, they are
also known to be one of the major players in the technological race.
And if you're trading yen, better scribble down some important points
regarding their economy.
Technology and Automotive
Japan is very famous for their
technology and automotive industry. In 2008, they are considered as
the world's largest vehicle manufacturer but were ousted from their
seat after China took over the following year. At present, they are
maintaining their rank as second even if there are growing threats
from South Korea.
Though they failed to maintain the
leading position in the automotive industry, they managed to emerge
as the one who has the largest electronics good industry. The major
electronic companies in Japan are Canon, Nikon, Casio,Citizen,
Fujifilm, Fujitsu, Hitachi, JVC Kenwood, Mitsubishi Electric, NEC,
Toshiba, Sharp,TDK, Seiko Group, Ricoh, Pioneer, Panasonic, Olympus,
Nintendo. Most of which belongs to the global stage.
Japan is also known to be leading in
developing the future. Specifically, the robotics industry. Reports
regarding their latest innovation from robotic dogs, robot maids,
robot entertainers, and even news of a 13 foot human piloted robots
are sprouting like mushrooms. Though its maturity is still on the
way, it will most probably change the game once it does.
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