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Companies

Toshiba pins hopes on niche semiconductor market

Mitsubishi Electric and Fuji Electric also expand capacity for electric car part

TOKYO -- Japan's electronics makers are set to ramp up production of a key semiconductor device used in electric cars.

Toshiba plans to spend 30 billion yen ($270 million) adding 50% more capacity for power semiconductor devices, which improve energy conservation in electric cars. Mitsubishi Electric and Fuji Electric also have plans to expand production lines.

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