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NEW YORK -- Global OEM connected car system penetration is expected to increase from the low teens to more than 60% over the next five years, new research says.

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TAIPEI -- Foxconn chief executive Cheng Tien (Terry) Cheng will step down July 31 due to health reasons, several media sites are reporting.

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CHANGSHU, CHINA -- Enics's new plant here outside Suzhou has begun production and will host its official inauguration on Sept. 25.

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