Newsweek International, August 11th, 2003
Tom Hopson runs the last American-owned TV factory: Five Rivers Electronic Innovations in Greeneville, Tennessee. All the others have been killed off or bought out by Japanese competitors, and now Hopson says his plant, too, is near extinction due to a new Asian rival, China. The threat became clear to him one day earlier this year, when he saw an Internet ad for one of his projection TVs right next to a Chinese-made model listed for $100 less. Later a customer--Five Rivers assembles TVs for brands like Philips and Samsung--threatened to stop using his company unless it matched Chinese price...
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