BYD Semiconductor Terminates IPO to Prioritize Wafer Production Expansion

(Source: BYD Semiconductor)

On November 15, BYD terminated the listing of its subsidiary BYD Semiconductor, as its wafer production capacity is still far from meeting demand. Priority will now be given to large-scale wafer production capacity investment, and the company says it will start the listing process again at an appropriate time.

BYD said that dem…