Well, competition had something to do with this. But they gave up.
Initially they became arrogant with their successes. And practiced monopolistic strategies rather than pushing innovation in technology, Eg concentrating on tape rather than going along with DVD
This may be the trajectory for most successful companies. The top execs who are old become crusty and short sighted. They lose vision and enthusiasm and get tired and the best thing they could do is liquify the assets. May be we can expect the same from say Apple or Samsung?
One of their mistakes was giving up on AMSL (formerly a backyard firm - now a leader in chipmaking ) and TMSC. TMSC is a $700 billion company. They did as the commentator said a Xerox.
Sayang.
Due to overspending on investment on chips. Samsung in DRAM, Samsong lost much on chip business.
