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21 Sep

Chip use in smart EVs to grow over 26% by 2025

Automotive use will remain a strong driving force for growth in the semiconductor industry, particularly with the rising demand for smart electric vehicles, industry participants told an event in China. According to Wan Lijian, technology director of Shanghai Juyue Inspection Technology, the use of chips in intelligent vehicles has already grown significantly since 2018 and will grow by 26.34% from 2023 to 2025 in smart EVs. Citing data from the China Association…
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