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6/30, 8:40 AM (Source: TeleTrader)
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BYD lists chip unit on ChiNext

China's electric vehicle maker BYD Co. Ltd. revealed on Wednesday that it has successfully listed its semiconductor subsidiary, BYD Semiconductor, on the Shenzhen Stock Exchange's ChiNext board.

The Chinese firm, which is 8.3% owned by Warren Buffett's Berkshire Hathaway, announced the move in early May.

Unlike multiple other carmakers worldwide, the Xi'an-based firm stated earlier that it experienced no chip shortages in the previous quarter.

Breaking the News / BU