TOKYO/KYOTO, Japan -- As global smartphone sales plateau, many of Japan's biggest electronic parts makers see components for electric vehicles powering profit growth in the new fiscal year.
Business trends
EVs replace smartphones as earnings driver for Japan parts makers
Net profit at Kyocera, TDK, other big players set to rise for first time in two years
Workers install an electric-vehicle battery at a Mitsubishi Motors factory in Kurashiki, Japan. © Reuters
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