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Autos, not iPhones, seen driving growth for electronics makers

Future appears bright for connectivity, autonomous driving tech

Making auto components is expected to drive growth for electronics manufacturers.

TOKYO -- A new-product presentation by Apple usually rivets investors, particularly those who follow electronic parts suppliers. But this year, as the iPhone maker prepares for its anticipated briefing Tuesday, another event that opens to the press the same day is also stirring excitement: the International Motor Show in Frankfurt, Germany.

"I'm not interested in talk about information communication anymore. I want to hear about what's happening in the auto industry," a fund manager at a Japanese asset management company told an electronics sector analyst recently. The fund manager said he no longer believed that smartphones would drive growth for electronic components makers.

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