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This Asia tech industry summary will mainly focus on Kioxia and Western Digital (WD) planning to invest JPY 1 trillion (US$8.19 billion) to build a new NAND flash factory in Japan, China-based electric vehicle (EV) startup Leapmotor applying for initial public offer (IPO) in Hong Kong, and Suzuki Motor investing JPY 150 billion (US$1.23 billion) to produce EVs and related batteries in India.
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