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TAIPEI / SHANGHAI / SINGAPORE – From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers — at least in China.
Pang has bought 62,000 microcontrollers (MCUs), chips that help control a range of functions from car engines and transmissions to electric vehicle power systems and charging, which cost the original buyer $23.80 each in Germany.
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