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With an Investment of USD 10 Billion, Huahong and Wuxi Municipal Government Signed a Contract to Build Two More 12-Inch Lines

With an Investment of USD 10 Billion, Huahong and Wuxi Municipal Government Signed a Contract to Build Two More 12-Inch Lines

Source:
2017/08/10
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    On the afternoon of August 2, Shanghai Huahong (Group) Co., Ltd. and Wuxi Municipal People's Government held a strategic cooperation agreement signing ceremony in Wuxi. The Huahong Group's integrated circuit R & D and manufacturing base project with a total investment of about $ 10 billion was officially settled in Wuxi high-tech Zone , marking the beginning of Huahong Group's first integrated circuit R & D and manufacturing base outside Shanghai.

    It is reported that this cooperation project will build several 12-inch integrated circuit chip production lines in phases, and one phase of the project will build a 12-inch production line with a monthly capacity of about 40,000 pieces and related supporting facilities. After the implementation of the first phase of the project, the second production line will be started in due course.