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2008-03-28 00:00:00
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BERLIN — The growing momentum among carmakers to turn out low-priced cars in high volume is sending more auto electronics development to lowcost Eastern Europe. By 2014, electronic system demand in Eastern Europe is expected to reach $11.1B, up nearly 450 percent from $2.5B in 2002, according to Strategy Analytics. "We are seeing more automotive R&D moving into Eastern Europe and other parts of the world, particularly in the case of software development," said Ian Riches, director of global automotive practice for Strategy Analytics.
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