Example set (reuters) generated for language ENGLISH at 9-12-1998 16:28:5
 

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The European electronics industry has made a lot of noise in public about keeping Europe safe from Japanese competitors, but in private they are saying that if you can't beat them, you should join them. The European electronics industry has made a lot of noise in public about keeping Europe safe from Japanese competitors, but in private they are saying that if you can't beat them, you should join them. REUTERS1
The difference has led to some schizophrenic behaviour. The difference has led to some schizophrenic behaviour. REUTERS2
While EC industry ministers met in Luxembourg on Monday, in order to debate ways to help their electronics industry to fight U.S. competition, Japan's NEC Corp was negotiating for a stake in France's largest computer maker. While EC industry ministers met in Luxembourg on Monday, in order to debate ways to help their electronics industry to fight U.S. competition, Japan's NEC Corp was negotiating for a stake in France's largest computer maker. REUTERS3
Analysts say that the private position is far more sensible, because it leads to much needed capital for European computer and semiconductor companies, while giving them a toehold in the lucrative Japanese domestic market. Analysts say that the private position is far more sensible, because it leads to much needed capital for European computer and semiconductor companies, while giving them a toehold in the lucrative Japanese domestic market. REUTERS4
The issue leapt dramatically to the foreground last week with news that NEC was negotiating a five per cent stake in Cie des Machines Bull. The issue leapt dramatically to the foreground last week with news that NEC was negotiating a five per cent stake in Cie des Machines Bull. REUTERS5
What amused analysts and industry executives was that the French government, which owns seventy six per cent of Bull, has been pushing the EC for a tough anti-Japanese policy on the electronics industry. What amused analysts and industry executives was that the French government, which owns seventy six per cent of Bull, has been pushing the EC for a tough anti-Japanese policy on the electronics industry. REUTERS6
" My view is that there is a very large difference between image and reality" James Eastlake analyst with Dataquest in London said about the European industry as a whole. " My view is that there is a very large difference between image and reality" James Eastlake analyst with Dataquest in London said about the European industry as a whole. REUTERS7
Last week the heads of Europe's five largest electronics equipment makers including Bull met EC president Jacques Delors in Paris, in order to discuss a plan to stave off U.S. and Japanese competition. Last week the heads of Europe's five largest electronics equipment makers including Bull met EC president Jacques Delors in Paris, in order to discuss a plan to stave off U.S. and Japanese competition. REUTERS8
The meeting followed a widely publicised interview with Alain Gomez the chairman of Thomson-CSF in the French newspaper Le Monde in which the head of France's largest state-owned semiconductor maker said that the EC should levy high duties for five years on Japanese electronic goods. The meeting followed a widely publicised interview with Alain Gomez the chairman of Thomson-CSF in the French newspaper Le Monde in which the head of France's largest state-owned semiconductor maker said that the EC should levy high duties for five years on Japanese electronic goods. REUTERS9
" That will be enough for us to catch up with the unwarranted advantage that has been acquired by the Japanese because of thirty years of unfair competition" he said. " That will be enough for us to catch up with the unwarranted advantage that has been acquired by the Japanese because of thirty years of unfair competition" he said. REUTERS10
Also, France has opposed the participation by International Computers Limited in EC joint research programs, since Fujitsu Ltd bought a 80 per cent stake in the British computer maker last year. Also, France has opposed the participation by International Computers Limited in EC joint research programs, since Fujitsu Ltd bought a 80 per cent stake in the British computer maker last year. REUTERS11
" You must wonder what the French are up to" one computer executive who had placed bets with his colleagues about when NEC would take a stake in Bull said. " You must wonder what the French are up to" one computer executive who had placed bets with his colleagues about when NEC would take a stake in Bull said. REUTERS12
The two companies already have a U.S. joint venture and NEC provides.... The two companies have already an U.S. joint venture. REUTERS13
Bull called the five per cent stake a stock swap for it taking full possession of the U.S. venture. Bull called the five per cent stake a stock swap for it taking full possession of the U.S. venture. REUTERS14
Analysts said that the arrangement could help Bull to gain entry to the Japanese market which is closed to foreigners. Analysts said that the arrangement could help Bull to gain entry to the Japanese market which is closed to foreigners. REUTERS15
" It is the only possible way for a company to gain access to the Japanese market by having a Japanese partner, and that is very desirable" Eastlake said. " It is the only possible way for a company to gain access to the Japanese market by having a Japanese partner, and that is very desirable" Eastlake said. REUTERS16
However, the benefits to NEC are not so obvious. However, the benefits to NEC are not so obvious. REUTERS17
Bull, with only a three per cent share of the European market,... besides having only a three per cent share of the European market, Bull suffered a record loss of nine thousand million francs for 1990. REUTERS18
It expects to lose money again this year. It expects to lose money during this year again. REUTERS19
Analysts say that the alliance represents the thin edge of the wedge for NEC, which wants a presence in Europe, before the EC becomes a single market after 1992. Analysts say that the alliance represents the thin edge of the wedge for NEC, which wants a presence in Europe, before the EC becomes a single market after 1992. REUTERS20
" The Japanese industrial strategy is to get into Europe before 1992" Bill Coleman an analyst at brokers James Capel in London said. " The Japanese industrial strategy is to get into Europe before 1992" Bill Coleman an analyst at brokers James Capel in London said. REUTERS21
``They know that as long as (if) they are inside Europe before 1992 they can.... They know, if they are inside Europe before 1992, they can afford to sit and wait for the business to develop. REUTERS22
The pay-off would be large. The pay-off would be large. REUTERS23
although Europe's electronics industry is struggling, customer demand is booming, and the benefits are going to foreign suppliers. although Europe's electronics industry is struggling, customer demand is booming, and the benefits are going to foreign suppliers. REUTERS24
Dataquest reports that the European semiconductor market is estimated at eleven thousand million dollars per year with Japanese manufacturers accounting for eighteen per cent. Dataquest reports that the European semiconductor market is estimated at eleven thousand million dollars per year with Japanese manufacturers accounting for eighteen per cent. REUTERS25
The Japanese also have less than 10 per cent of Europe's 110 billion.... Also, the Japanese have less than ten per cent of Europe's computer market. REUTERS26
But analysts said their share of both markets is certain to [will certainly] expand. However, analysts said that their share of both markets will expand certainly. REUTERS27
The Japanese have been making semiconductors for years in Europe, in order to avoid a 14 per cent tariff on imported chips which is levied by the EC. The Japanese have been making semiconductors for years in Europe, in order to avoid a 14 per cent tariff on imported chips which is levied by the EC. REUTERS28
But they will step up their presence in the next year. However, they will step up their presence in the next year. REUTERS29
NEC, which manufactures computer chips in Scotland already, is building a new British plant to open in the fall. NEC, which manufactures computer chips in Scotland already, is building a new British plant to open in the fall. REUTERS30
Hitachi Ltd and Mitsubishi Electric Corp are building factories in Germany. Hitachi Ltd and Mitsubishi Electric Corp are building factories in Germany. REUTERS31
They have been aggressive in chips, and few industry observers doubt that they will be just as aggressive in computers. They have been aggressive in chips, and few industry observers doubt that they will be just as aggressive in computers. REUTERS32
Peter Williams the president of British-based Oxford Instruments Group Plc a supplier of equipment to electronics manufacturers said that Fujitsu Ltd officials told him twenty years ago that the then small company's goal was to overtake IBM before the year 2000 as the world's largest computer company. Peter Williams the president of British-based Oxford Instruments Group Plc a supplier of equipment to electronics manufacturers said that Fujitsu Ltd officials told him twenty years ago that the then small company's goal was to overtake IBM before the year 2000 as the world's largest computer company. REUTERS33
Fujitsu Ltd leapfrogged to second position last year with the International Computers Limited purchase. Fujitsu Ltd leapfrogged to second position last year with the International Computers Limited purchase. REUTERS34A
About their ultimate goal, Williams said," I will give you two-to-one odds that they will make it". About their ultimate goal, Williams said," I will give you two-to-one odds that they will make it". REUTERS34B