Fable: Waxing And Waning
Back at the end of the century before last, a couple of brothers started making light bulbs.
From light bulbs it was a short step to vacuum tubes from where it was a natural progression to transistors which lead it inevitably into ICs.
For over 30 years the company’s IC business was in or around the world’s top ten semiconductor companies.
When Konosuke Matsushita realised he needed microelectronics technology for the electrical company he founded, he turned to this company for help and there followed a 40 year collaboration.
But the chip business fell on hard times and the parent company sold it to moneymen who gutted it.
Moral: Fortune is a fickle mistress.Tags: fickle mistress, microelectronics technology, parent company, semiconductor companies, waxing