NEC Electronics Corp., Japan’s third-biggest semiconductor maker, and China FAW Group Corp. will jointly develop car electronics to meet demand in the world’s second-biggest automotive market.
NEC Electronics’s China subsidiary and Qiming Information Technology Co., a unit of FAW, agreed to set up a laboratory in Changchun, northeast China, to develop the products, the Kawasaki-based company and FAW said Friday in an e-mailed statement. They plan to sell the newly developed electronics from 2009.
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