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Japan's Fuji Electric gives $360m boost to power chip business

Electronics maker expands capacity in Malaysia to meet electric-car demand

Fuji Electric looks to ramp up production of power chips partly in response to strong demand for electric vehicles.   © Reuters

TOKYO -- Japan's Fuji Electric will invest an extra 40 billion yen ($365 million) to expand production of power semiconductors, which are used to manage power flows in air conditioners, electric autos and more.

The decision is a response to "growing demand from renewable energy" applications, such as electric vehicles and solar, said President Michihiro Kitazawa.

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