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horizontally
Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry. A company may do this via internal expansion or through mergers and acquisitions.
The process can lead to monopoly if a company captures the vast majority of the market for that product or service. Benefits of horizontal integration include: increasing economies of scale, expanding an existing market, and improving product differentiation.
Horizontal integration contrasts with vertical integration, where companies integrate multiple stages of production of a small number of production units.
BYD details the engineering behind its 2.0T horizontally opposed engine, a global first for plug-in hybrid powertrains.
The post BYD teardowns its 2.0T boxer engine: first flat-four for plug-in hybrids appeared first on CarNewsChina.com.
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