Chapter 446 Cold Wave(2/2)
As the yen continues to appreciate, let alone profits, many neon companies have taken preservation of the market as the first factor.
However, even Shirakawa Kaede has no good idea for this force majeure factor, let alone Haseidae.
Continuing to sell the yen and eating the US dollar is one of the measures. At the same time, the new Dazang prime minister Kiichi Miyazawa also began to visit the United States frequently.
Your yen has risen so much anyway, so it doesn’t matter if it rises a little more.
The cutting coolant that I used to throw away once was now collected and reused.
However, due to the rise of the yen, Philips, which unknowingly ranked third, has squeezed Shirakawa Electric from the second place of ten thousand years, and now the latter ranks third.
This is also a way to open source. Although low-end products have low profits, they can make a little profit.
In overseas markets, in addition to Neon companies, they are producing products such as Walkman and CD machines.
Philips is headquartered in Helan. The currency of the three countries in the square agreement has appreciated, but Helandun does not.
After receiving these letters of appeal, Treasury Secretary Baker finally stood with Dazang and called out to the outside world.
Because of the appreciation of the yen, the prices of products exported to the United States by Neon are also rising.
At the beginning, Toyota and others will also maintain their market share by lowering the selling price.
Therefore, in terms of market share, Shirakawa Electric and Sony can barely maintain their advantages.
Although the exchange rate is still very high, everyone is already satisfied to be able to maintain this level.
It’s just that the previous rises too fast, and now it’s almost the bottom line, and everyone can accept it.
But will things go so smoothly? Of course not, but that's a story later.
The export manufacturing industry may not be easy in 1986, but the people are very happy.
Chapter completed!