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ICT Spring - 2022

Entrepreneurship

China’s Geely Announces US$326 Million Satellite Investment For Mobility Revolution Connectivity

Chinese automotive and technology giant Zhejiang Geely Holding Group announced on 3 March 2020 that it is investing 2.27 billion Yuan (US$326 million) in a satellite manufacturing facility to be located in the coastal city of Taizhou, Zhejiang province, considered to be the ‘hometown’ of the company. The satellite manufacturing …

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