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Business trends

Japan's Calbee admits mistake in Philippine JV partner

Snack-maker now looks to expand in China and Indonesia

Calbee said that it was hard to differentiate its premium products from mass-market products in the Philippines. (Photo by Kimberly Dela Cruz)

TOKYO -- Japanese snack producer Calbee admitted that it made a mistake in choosing rival Universal Robina as partner for its failed Philippines potato chip joint venture, but said it would now focus on Indonesia and China to build on its presence in the region.

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