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...Maytag's competitors in Asia can take advantage of cheaper labor costs, but LG's and Samsung's real advantage is quality: $1,000 washing machines compete with the best ones from GE and Whirlpool. "They're really competing on products, not price," says Eric Bosshard, an analyst at FTN Midwest. Maytag has been slow to keep up; its last new front-loading washer debuted in 1997. Until those new product lines are ready, Maytag can't take advantage of lower costs at its newer, more efficient plants in South Carolina and Mexico, which make them. To stay afloat...
...Korea Equity Fund invests mostly in Korean securities and has $61 million in net assets, including holdings in Samsung, Hyundai Motor, and LG Electronics, according to figures provided at Nomura’s website...
...Korea Equity Fund invests mostly in Korean securities and has $61 million in net assets, including holdings in Samsung, Hyundai Motor, and LG Electronics, according to figures provided at Nomura’s website...
...Likewise, in his core business of manufacturing LCDs, Machida is playing to Sharp's technological strengths instead of diversifying into areas where it's doomed to defeat. Taking on Goliaths like LG Electronics and Samsung Electronics across every LCD product line would be suicide, he says. They're dominant, for example, in mass-market LCD panels used in smaller, cheaper TVs and in laptops. Rather than engage them in a murderous price war, Sharp concentrates almost exclusively on ever-larger TVs or on small, high-quality panels found in cell phones, car navigation systems, and hand-held game players like...
...screens. And right next door, the company is building another $1.5 billion factory that will be able to produce 100,000 sheets of glass each month, with each sheet yielding eight 45-in. screens. But Sharp's competitors have also joined the race. A joint venture between LG Electronics and Royal Philips Electronics is spending $5.1 billion to create the world's largest plant for LCDs, while Sony and Samsung are teaming up for a $2 billion LCD venture. Hitachi, Toshiba and Matsushita have similarly joined forces, and even Dell, the American computer maker, is getting into the flat-panel...