Bloomberg:
Sources: China quietly asks EV makers like BYD and Geely to sharply increase their purchases from local chipmakers, to reduce reliance on Western imports — - Directive could hurt Nvidia, NXP and other EV chip suppliers — Order is a response to US efforts to curb Chinese chip tech
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Friday, March 15, 2024
Sources: China quietly asks EV makers like BYD and Geely to sharply increase their purchases from local chipmakers, to reduce reliance on Western imports (Bloomberg)
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