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Economy

Japan looks to take lead from the back

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A general view of Japanese automaker Toyota Motor's new plant is seen in Sorocaba, 100km west of Sao Paulo.   © Reuters

SAO PAULO -- Japanese companies want to be more visible in Latin America, where South Korean and Chinese businesses have recently built deep foundations.

     Samsung Electronics and LG Electronics combine for more than 60% of Brazil's flat-panel TV market. Sony was the highest positioned Japanese maker there in 2012, ranking third after the two South Korean companies, with a 10.4% share, according to research firm Euromonitor International. Panasonic came in fifth with a 7.4% share.

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