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JAPAN: Toshiba to produce motors for Ford hybrids
18 Mar 2004
Source: editorial team

Japanese electronics conglomerate Toshiba Corp. on Thursday said it would produce motors to be used in Ford's hybrid cars, making a full-fledged entry into the automotive parts market.

According to Reuters, automotive parts are expected to be one of the fastest-growing markets for electronics manufacturers in a few years due to growing demand for hybrid cars as well as wider use of car navigation and other communication systems.

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