The Chinese government has quietly asked electric-vehicle makers from BYD Co. to Geely Automobile Holdings Ltd. to sharply increase their purchases from local auto chipmakers, part of a campaign to reduce reliance on Western imports and boost China’s domestic semiconductor industry.
“Quietly”, lmao. It’s not quietly, because they’re very open about it. Gotta love them making it sound devious, when this is precisely what they’ve been pushing for.
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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