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Smartphone demand buoys Japan's electronic parts makers

TDK, Taiyo Yuden, others benefiting from Apple, Chinese brands

Alps Electric is doing all it can to keep up with demand from smartphone and auto parts makers.

TOKYO -- Consumers, it seems, still love their smartphones. At least they love their new smartphones, demand for which seems to be lifting Japanese electronics parts makers out of a prolonged slump.

Shigenao Ishiguro, TDK's president and CEO, is upbeat.

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