Archived posting to the Leica Users Group, 1998/06/25
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>and Leica is >still losing money, they must much some amazing inefficiencies in their >company. Perhaps, but the factory is in Germany. They operate under entirely different laws than the factories in other parts of the world that produce the cheap consumer goods that we enjoy. Leica might be very efficient given the rules they operate under (such as a 40 day yearly payed holiday for every employee). One of the reasons that Asian economies are collapsing is that they ran out of new markets. Because of incredibly low wages, the domestic markets in places like Indonesia did not grow. As someone noted in a different post, Leica has a very strong domestic market. My point is not that Leica can survive selling cameras only to Germans, but that the German system is closer to viable than the failed Asian model. - -Charlie