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Infineon launches chip venture with Chinese carmaker SAIC

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Infineon and SAIC will set up a joint company to produce power modules for Chinese manufacturers of electric cars and plug-in hybrids.

Berlin

GERMAN chipmaker Infineon Technologies AG is teaming up with SAIC Motor Corp Ltd, China's largest carmaker by sales volume, to benefit from the quickly growing demand for electric cars in the country.

Infineon and SAIC will set up a joint company to produce power modules for...

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