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Technology

Tech industry braces for skyrocketing rare earth prices

Surging demand and U.S.-China tensions make life tough for hardware makers

China controls much of the world's supply of rare-earth metals, which go into everything from smartphones, to electric cars to medical equipment.   © Reuters

TAIPEI -- Electronic hardware manufacturers are sweating as prices for rare-earth metals surge amid soaring demand and simmering tensions between the U.S. and China, the world's most important source of these vital materials.

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