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Chipmaker Renesas extends China reach with FAW research lab

Japanese company positions itself for growth in booming EV market

Renesas Electronics and FAW Group will develop smart driving systems that will be installed in FAW's Hongqi line of vehicles.   © Reuters

TOKYO -- Japanese chipmaker Renesas Electronics has established a joint research center in China with local automaker FAW Group to develop technologies for electric and self-driving cars in the world's biggest auto market.

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