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U.S. chipmaker Qualcomm targets Japan in auto business push

CFO Palkhiwala eyes possible expansion of Japan operations

As U.S. chipmaker Qualcomm's mainstay mobile chips business matures, the company is looking to new growth areas such as automotive chips and factory automation. (Source photos by Reuters and Getty Images)

TOKYO -- Qualcomm aims to build on its relationship with Sony and Honda to supply all of Japan's auto industry as the U.S. chipmaker expands beyond its core business of developing semiconductors for mobile devices.

Akash Palkhiwala, Qualcomm's chief financial officer, discussed the company's strategy and his outlook for the overall chip market with Nikkei Asia while in Tokyo.

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