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Business trends

Japan's electronic parts makers see phones, cars lifting profit

TDK and others upgrade full-year forecasts, but iPhone part trouble dogs Murata

Japan's Murata Manufacturing has hit trouble making parts for Apple's new iPhones, but peers like Kyocera are riding high on strong demand for advanced smartphone components.

OSAKA -- Six of seven major Japanese electronic parts manufacturers have upgraded their net profit outlooks for the year through March 2018, riding smartphones' increasing sophistication and the inclusion of more devices in automobiles.

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