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Tech companies bank on autos to offset dismal electronics demand - Nikkei Asia

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TAIPEI -- Tech manufacturers from chipmakers to product assemblers are turning to the electric vehicle market to offset a lingering slowdown in consumer electronics.

But while the shift into cars promises higher margins and new markets for some companies, analysts warn that EVs alone may not be enough to counter sluggish demand for smartphones and other devices.

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February 20, 2023 at 10:00AM
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Tech companies bank on autos to offset dismal electronics demand - Nikkei Asia
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