Fusing technologies of electronics industries, a Japanese strength, with other businesses is vital for the nation to increase its global competitiveness, NEC Corp. Chairman Kaoru Yano said Tuesday.
Speaking during the opening day of Combined Exhibition of Advanced Technologies, or CEATEC, held at Makuhari Messe in Chiba Prefecture, Yano said "smart innovation" is the answer in revitalizing Japan's economy and industry.
"Smart innovation is the way for Japan to survive. To be honest, we are facing tough competition with South Korea and China, but the Japanese industry consists of broad fields, which is an advantage that we should use to provide what the rivals cannot provide," said Yano.