China is one of the fastest growth markets for nuclear plants and Westinghouse is one of the largest players in this market. If Toshiba is going to expand, then Westinghouse is a favorable choice.
When you are a small operation and try to compete with larger rivals in price, you often find yourself bleeding red ink.
We should see higher profits and sales again this business year.
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).
There's a crucial difference in costs for procuring parts and materials between big operations and small ones.
