High-Tech Vehicles to Drive Automotive Chip Demand
By Kiyoshi Takenaka and Nathan Layne
Reuters
Take a spin in Toyota Motor Corporation’s (7203.T) Prius hybrid sedan and you’ll get an idea of why Japan’s chip makers see a huge growth opportunity in the auto industry.
The Prius is powered partly by an electric motor that complements its gasoline engine. Semiconductors control the electric motor.
As electronics become the main driver of car innovation, chip makers will be among the top beneficiaries, analysts say.
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