Why are there no good quality American consumer electronics maker?

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J C

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All the top of the line HDTV's, LCD's, Speakers, Stereos, Cameras, Camcorders, Music Players, cell phones, etc, are all Japanese/Korean companies like Sony, Panasonic, Samsung, Toshiba, LG, Hitachi, etc.

Cannot think of one single American company, why is that?

I thought American technology is the best in the world, and should stay in the forefront in these electronics markets? Is there a deep reason for it?
 
Mainly because the US has moved away from manufacturing. We are now mainly a service economy, although we still have manufacturing and agricultural economies running but not on a scale with the service industries.
 
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