Domestic JV invests in city's wafer plant
By Zhu Shenshen |
January 20, 2010, Wednesday
|
Print Edition
Print Edition
A 14.5 billion yuan (US$2.1 billion) wafer plant, which adopts the most advanced semiconductor technology in China, broke ground yesterday in Shanghai.
The new 12-inch wafer plant, wholly invested by home-grown capital, represented Shanghai's ambition to develop high-tech industry to boost local industrial output, insiders said.
The line was invested by a newly established joint venture, Shanghai Huali Microelectronics, with a registered capital of 6.6 billion yuan. The Shanghai government contributed 4.5 billion yuan, and local semiconductor firms Huahong and Grace Semiconductor gave 2.1 billion yuan.
By the end of this year, the wafer line's production capacity will reach 10,000 units monthly. The monthly capacity is expected to double to 20,000 units by 2011 and will hit 35,000 units by 2012. The line's products are mainly for the domestic market.
Shanghai now is China's biggest semiconductor industrial base, taking up a third of the national semiconductor revenue of US$68.2 billion in 2009. The revenue is expected to grow 17 percent annually due to the demand for chips in mobile phones, LCD TVs and autos, according to iSuppli, a United States IT consulting firm.
The new 12-inch wafer plant, wholly invested by home-grown capital, represented Shanghai's ambition to develop high-tech industry to boost local industrial output, insiders said.
The line was invested by a newly established joint venture, Shanghai Huali Microelectronics, with a registered capital of 6.6 billion yuan. The Shanghai government contributed 4.5 billion yuan, and local semiconductor firms Huahong and Grace Semiconductor gave 2.1 billion yuan.
By the end of this year, the wafer line's production capacity will reach 10,000 units monthly. The monthly capacity is expected to double to 20,000 units by 2011 and will hit 35,000 units by 2012. The line's products are mainly for the domestic market.
Shanghai now is China's biggest semiconductor industrial base, taking up a third of the national semiconductor revenue of US$68.2 billion in 2009. The revenue is expected to grow 17 percent annually due to the demand for chips in mobile phones, LCD TVs and autos, according to iSuppli, a United States IT consulting firm.
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