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SAIC Motor will establish CNY6 billion fund to grow automotive IC investment

Peng Chen, DIGITIMES Asia, Taipei Tuesday 20 June 2023 0

China's largest carmaker SAIC Motor has put more effort into securing semiconductor supply. It announced on June 19 that it will inject over CNY6 billion (US$837.6 million) with a few other companies in establishing a fund to invest in the automotive...

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