These magnets account for 5-7% of the bill of materials (BoM), depending on the product category, and electronics manufacturers in India import nearly 100% of their requirements from China, industry association ELCINA (Electronics Industries Association of India) said in a whitepaper presented to the government highlighting the issue.
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Alarms ring at speaker, wearables, TV makers on Chinese rare-earth squeeze
Alarms ring at speaker, wearables, TV makers on Chinese rare-earth squeeze
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