Takeo Miyamoto
Takeo Miyamoto
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The key is that Korean manufacturers are becoming much more stronger than five, ten years ago. Some of the Japanese companies believe that they were the leaders in the past and they should have some room to collect royalty or some benefits (from their patents).
costs crucial difference materials operations parts small
There's a crucial difference in costs for procuring parts and materials between big operations and small ones.
bleeding compete larger operation red rivals small
When you are a small operation and try to compete with larger rivals in price, you often find yourself bleeding red ink.