China fines auto chip sales companies for pushing up prices - PRATEEK

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Monday, September 13, 2021

China fines auto chip sales companies for pushing up prices

The State Administration for Market Regulations said on its website that it fined three local companies a total of 2.5 million yuan ($388,300). The companies are Shanghai Chengsheng Industrial Co Ltd, Shanghai Cheter and Shenzhen Yuchang Technologies.

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