To: sefarkas
The Koreans are interested:
"If Doosan succeeds in the takeover of Westinghouse, we can build atomic generators with our own technology without paying royalties any more," a Doosan official said on condition of anonymity. Doosan has built 20 domestic nuclear reactors.
http://www.atimes.com/atimes/Korea/GH23Dg01.html
To: Last Dakotan
without paying royalties
Your source is not credible. There are certain components in which Westinghouse has a competitive advantage. The new Korean plants are based on the Combustion Engineering System 80+ plant (like Palo Verde in Arizona). Westinghouse bought Combustion Engineering from ABB and thus the Koreans have to purchase certain technologies from Westinghouse (like reactor coolant pumps), but I would hardly call those types of arrangements 'royalties.' As part of the contract with CE, the Koreans purchased 'technology transfer' so that the Koreans could build their own plants as they now do. To continue the technology transfer, the Koreans have to now deal with Westinghouse. Like any other industrial process, some suppliers have a competitive advantage for certain equipment.
30 posted on
09/26/2005 9:38:14 PM PDT by
sefarkas
(why vote Democrat-lite???)
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