Investments: BYD’s share: Tesla’s competitor BYD invests in semiconductor manufacturers | News

BYD invests in TYSiC

TYSiC is the first Chinese company in the supply chain of silicon carbide semiconductor materials to obtain a quality certification for the automotive industry

BYD buys six African lithium mines

BYD invests in Chinese semiconductor manufacturers

According to reports by IT Times, the Chinese electric car manufacturer and competitor of Tesla BYD is currently one of the investors in the TYSiC semiconductor manufacturer, also from China. However, nothing more precise is known about the purchase price of the shares and the exact share in TYSiC.

In addition, BYD is currently working on the upcoming IPO of its subsidiary and BYD Semiconductor’s semiconductor unit on the Shenzhen Stock Exchange (SZSE), which has experienced increased delays recently. Overall, the public offering should bring the company $ 2.68 billion, which should be earmarked for funding for further growth.

The Chinese manufacturer’s plan to enter the semiconductor market coincides with the ever-increasing demand for semiconductors. According to Statista, in the last ten years alone, sales in the global semiconductor industry have increased from about $ 299 billion (2011) to about $ 555 billion (2021). In addition, the automotive industry has been struggling with the semiconductor shortage for some time. While chip availability is improving again, supply bottlenecks are likely to slow the auto industry by 2024, according to an AlixPartners study.


The semiconductor manufacturer BYD now sees as an investor was founded in 2009 and is now China’s first privately owned company to market, research and develop, and manufacture silicon carbide (SiC) epitaxial wafers. It is also the first Chinese company in the supply chain of silicon carbide semiconductor materials to obtain a quality certification for the automotive industry (IATF 16949). In 2010, the company established the Silicon Carbide Institute together with the Semiconductor Institute of the Chinese Academy of Sciences. According to the company, some of the greatest talents in this field meet here.

Lithium mines in Africa

However, participation in a semiconductor manufacturer is not BYD’s only investment in recent weeks. As Yicai Global also reports, citing The Paper, BYD has also acquired six African lithium mines to supply an important raw material for electric vehicle batteries for ten years. However, this purchase should only be the beginning. Therefore, the Chinese company intends to buy all lithium mines there. This information should be brought down to a person familiar with the case. However, more detailed information, such as the location of the mines or the selling price, was not provided.

The six mines collectively have a total of 25 million tons of lithium oxide deposits, which corresponds to about one million tons of lithium carbonate. The first deliveries from the mines are to start in July, and in the next quarter, the lithium mined there will be ultimately used for the production of new BYD paddle batteries. Here, too, the Chinese electric car manufacturer is responding to rising prices and limited production capacity. In the long run, BYD can reduce its dependence on rising prices by purchasing lithium mines.

E. Schmal / Redaktion

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