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China market regulator launches investigation on auto chip distributors

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China to target auto chip vendors next

Not much details being provided besides that they will punish vendors that “break the price rule”. I reckon they are a bit ticked off by the exorbitant surge in prices but then again with raw material shortages, there’s a valid reasoning for that.

In any case, when China does decide on something like this, more often than not there will be some form of follow-up action taken in due time.

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