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Business

GE shows where Toshiba went off track

For the U.S. manufacturer, unlike its Japanese rival, knowledge is power

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The headquarters of Toshiba in Tokyo   © Reuters

TOKYO The links and parallels between General Electric and Toshiba go way back. Today, however, it is their glaring differences that stand out most.

Thomas Edison, the American inventor who founded GE, used to say "make money" a lot. Ichisuke Fujioka, a Toshiba founder, learned how to make incandescent light bulbs from Edison and began mass-producing them in Japan.

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