China's auto sector profit squeeze: CR Micro chief warns against reckless expansion

China's auto sector profit squeeze: CR Micro chief warns against reckless expansion

[Digitimes] - 10/22/2024

The Chinese automotive supply chain is facing intense competition, with the industry's profitability continuing to decline. Profit margins have dropped below 5%, prompting Hong Li, president of leading power semiconductor manufacturer CR Micro, to call for an end to blind investments in new (…)



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