Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Abstract

Chairman and CEO Alain Gomez discusses Thomson, the French leader in TVs and related products since its 1987 acquisition of the GE/RCA consumer electronics business. In order to overtake Asian competitors European companies must consolidate through acquisitions or ventures. Thomson has expanded market share through acquisitions and has backed joint ventures with competitors to gain access to critical technologies; invested heavily in its own R&D; and participated in European R&D consortia. Cultural diversity is one asset that both Europe and the U.S. must learn to leverage more aggressively. It is also time to rethink old assumptions about markets, states, and economic success.

About

Abstract

Chairman and CEO Alain Gomez discusses Thomson, the French leader in TVs and related products since its 1987 acquisition of the GE/RCA consumer electronics business. In order to overtake Asian competitors European companies must consolidate through acquisitions or ventures. Thomson has expanded market share through acquisitions and has backed joint ventures with competitors to gain access to critical technologies; invested heavily in its own R&D; and participated in European R&D consortia. Cultural diversity is one asset that both Europe and the U.S. must learn to leverage more aggressively. It is also time to rethink old assumptions about markets, states, and economic success.

Related