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Taiwanese electronics giant in talks to recharge Tritium
Mark LudlowQueensland bureau chief
Updated
Embattled Brisbane fast-charger company Tritium is in negotiations with Taiwanese electronics company Lite-On Technology Corporation for a key strategic stake to ensure its financial future.
An equity stake from Lite-On could provide a financial lifeline for Tritium, which listed on the Nasdaq with a $2 billion “double unicorn” valuation in May 2021 but whose market capitalisation has plunged to $US31 million ($49 million).
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