SHENZHEN -- Investment companies linked to some of China's biggest automakers have formed an alliance to bolster their supply chain for semiconductor devices and other core components of electric vehicles.
Semiconductors
China auto industry steps up chip supply chain cooperation
GAC- and Geely-linked investment companies form alliance to lower risks
A Geely plant in Chengdu, China. The Chinese group is part of a new effort to boost chip self-sufficiency in the country's auto industry. © Reuters
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