CHANGES IN industry dynamics, typically caused by technology, can lead to doomsday for established players. IBM, which dominated IT for decades, faced it in the early 1990s. It took an outsider, Louis Gerstner Jr., to save the company. But photography giant Eastman Kodak wasn't able to manage a turnaround, and went bankrupt in 2013.
The global auto industry is now facing structural changes with EVs. An ICE vehicle has hundreds of moving parts, so the auto industry's supply chain is vast. Managing this network of thousands became a major entry barrier for new players. By the 1980s, all major players had a significant presence in the three major markets of North America, Western Europe, and Japan, preventing the entry of newer players.
This story is from the December 28, 2024 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 28, 2024 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Railways capital expenditure for FY26 may be pegged at ₹2.9L crore
\"THE RAILWAYS IS working on multiple fronts which require significant capital expenditure from the government.\"
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
Tech firms face setback as Wi-Fi spectrum allocation plan nixed
IN A MOVE that could significantly impact tech giants such as Meta, Google and others, the department of telecommunications (DoT) has decided not to pursue the delicensing of new spectrum for Wi-Fi use, officials said.
Davos meet: Southern states ready to woo investors
FROM CRAFTING CATCHY campaign slogans to emphasizing sector-specific strengths and policy initiatives, southern states are in a heated race to outshine each other at the annual World Economic Forum (WEF) meeting in Davos, starting Monday.
VinFast's India plan on despite no clarity on govt incentive
VIETNAM'S LEADING AUTOMAKER VinFast has decided to go ahead with its India plan irrespective of whether the government decides to include it in the EV manufacturing promotion scheme.
Protesters storm court after it extends Yoon's detention
Hundreds of supporters of South Korea's arrested president, Yoon Suk Yeol, stormed a court building early on Sunday after his detention was extended, smashing windows and breaking inside, an attack the country's acting leader called \"unimaginable\".
Despite market volatility, STT collections jump 75%
Despite the volatility in the stock market, the Securities Transaction Tax (STT) collection has shot up by over 75% to ₹44,538 crore as of January 12, 2025, as against ₹25,415 crore raised in the same period in 2024.
Comfortable design for 24/7 wear
It tracks fitness, sleep, stress & other key health vitals
LTIMindtree Hopeful of Sustaining Growth Momentum Going Ahead
FY26 TO OUTPERFORM FY25, SAYS MD & CEO
Hybrid funds built for volatility
If interest rates fall, bond component of such funds will benefit
