Posted inChina

Viiyong seeks lead in crucial auto and smartphone component

Chinese electronic parts venture Viiyong has raised 2 billion yuan (US$295 million) in a Series B (second round) share issue intended to finance research and development, and mass production of multilayer ceramic capacitors (MLCCs) for automotive applications at two new factories. Viiyong already supplies the Chinese auto, smartphone and other industries.  Chinese investment banks CITIC […]

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