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Japan electronic component makers see significant revenue growth in 2021; Foxconn deepens global EV deployments

This Asia tech industry summary will mainly focus on South Korea becoming self-reliant in semiconductor equipment development; six major Japanese electronic component suppliers yielding impressive 2021 revenue numbers thanks to robust demand from the semiconductor and automotive markets; and Foxconn deepening its global electric vehicle (EV) deployments with its US plant expected to begin volume production in the second half of 2022.