Korean Supplier View Gathers Steam Through Nissan

BMI's view that South Korean suppliers will capture business from Japanese rivals as a result of the strong yen and recent natural disasters has been supported further by news that a Nissan Motor subsidiary has become the group's first business unit to choose South Korean component producers (see 'One Supplier's Crisis Is Another's Opportunity', March 23 2011). The project is largely aimed at reducing costs given the yen's strength against the won, although the close proximity of the Nissan Shatai plant in Kyushu to South Korea is also beneficial in cutting delivery time and

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