CNET: Games overtake electrical sector in Japan
CNET:
In a recent newsletter, Gerhard Fasol, head of Eurotechnology Japan, points out that the Japanese games sector is booming–with the combined net annual income of Japan’s top nine game companies overtaking the combined net income of Japan’s top 19 electrical giants.
Game companies such as Nintendo are thriving through the global recession while stalwarts such as Panasonic andSony struggle (Sony’s diversification and PlayStation sales haven’t helped recently) with huge corporate hierarchies and a dearth of new “must have” products.
What’s interesting about the growth of Japanese game play is that it’s mainly on consoles and handhelds (with the Nintendo DSi blurring the line), whereas in the U.S. the growth is on mobile devices and online.
