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This Asia tech industry summary will mainly focus on Showa Denko's volume production of 6-inch SiC single crystal substrate and its expanded presence in the SiC supply chain; CSOT India's first-batch of LCD product shipments were delivered to Samsung, while India-based Vedanta is planning to build LCD and OLED panel plants; and Chinese automakers XPeng, NIO and Li Auto reported financial results for 2021 with XPeng's revenues and the number of autos sold significantly increasing from a year ago. The competition between the three automakers is expected to become fiercer.
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