from today's Nikkei

2011年07月17日 09時19分50秒 | 新聞記事から
日本の稼ぎ頭「車・造船・電機」 韓国企業シェア奪う 円高・ウォン安背景に FTA・電力・・・差拡大も

Amid the difficulties Japanese manufactures are facing due to higher yen, South Korean rivals in the industries of automobile, shipbuilding and electric machinery have increased their shares in the global market.

Specifically,Hyundai Motor Company has increased its sales in the U.S. and Europe thanks to improved quality of its vehicles almost equal to that of Japanese makers' products. And in case of Samsung Heavy Industries, taking advantage of cheaper won, South Korean currency,it is overwhelming Japanaese rivals by taking orders from the world for ships like resources-carrying vessels. As in July the free trade agreement between South Korea and EU took effect, South Korean products will increase their competitiveness in terms of price due to cut of tariffs.

Under these circumstances, if electricity shortage continues long in Japan,Japanese manufactures will have to face more serious situation.

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