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06 Jan
08:06

BYD invests in semiconductor membrane supplier

China’s automaker and battery producer BYD has invested in Vital Thin Film Materials, a Hefei-based high-tech company, to secure the supply of key components of semiconductors, Kallanish reports.  “Compared with traditional vehicles, the demand for semiconductors in electric vehicles has increased by five to ten times, and the chip shortage has caused the stagnancy of seven million electric vehicles in the world,” sa…
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