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Japanese auto parts makers double their R&D spending

Aisin and Denso rush to develop future tech to stay competitive with their cash-rich foreign rivals

R&D spending by Japanese auto parts makers is not as big as the amounts invested by major global suppliers. (Photo by Kohei Yamada)

TOKYO -- Japanese auto parts suppliers are ramping up their research and development spending as they aim to secure viable futures for themselves in a rapidly changing industry.

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