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Komatsu loses ground to Sany, missing out on China construction boom

Japan heavy equipment maker eyes digital as rival grabs post-coronavirus bounce

Komatsu's share of the Chinese market for construction equipment shrank to 4% from 15% in just over a decade. (Photo by Annu Nishioka)

TOKYO/BEIJING -- Japan's Komatsu, once China's leading supplier of construction equipment, has failed to catch the wave of infrastructure projects aimed at stimulating the country's post-coronavirus economy, losing out to top local rival Sany Heavy Industry.

"Customers come to the factory to take completed excavators," said a representative at a Sany group plant in Shanghai that is running at full capacity and expanding production capacity.

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