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China's rise challenges old guard in electronics

Virtual-reality technology drew attention at the CES Asia electronics show.

TOKYO -- An electronics show in China ended in a huge success this year, underscoring the growing importance of "internet of things" technology and the need for Japanese, South Korean and Taiwanese companies to catch up in this field.

The second CES Asia was held in Shanghai from Wednesday to Friday. China will become the world's largest home electronics market, predicts Gary Shapiro, president and CEO of the U.S.-based Consumer Technology Association, which organized the event.

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