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Taiwan electric vehicle supply chain faces competition from South Korea, says Fukuta chairman

While Taiwan-based makers have formed quite a complete supply chain for electric vehicles (EVs), South Korea-based makers are competing for orders from EV vendors, according to chairman Gordon Chang for Fukuta Elec. & Mach, which is a partner of US-based Tesla.

Commenting on Foxconn Electronics (Hon Hai Precision Industry) also having intention to enter the EV industry, Chang noted that Foxconn should focus on providing more valuable contributions and not investing on businesses that have already existed.
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