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A remarkably bullish forecast of the growth prospects for Japan's optoelectronics industry was contained in a report on the industry published earlier this year by the Economics Division of the Long Term Credit Bank of Japan. The industry was seen as growing to be as important as the electronics industry, with which it was seen as forming the mainstay of Japan's future industry. Believing it would be of interest to a wider readership we publish here a shortened version of the report.

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