On May 22, the power crystal semiconductor industrial park and Jingwang Optoelectronics LED chip project with a total investment of 4.2 billion US dollars started in Xuzhou.
The project will build 100 MOCVD blue LED chip production lines and 8-inch and 12-inch wafer production lines in the Xuzhou Economic Development Zone, and develop the semiconductor industry chain through the introduction of related supporting enterprises. Among them, the first phase of the project invested 1 billion US dollars, the registered capital of 99.8 million US dollars, after the completion of production is expected to reach 3.7 billion yuan.
Powerchip Semiconductor Industrial Park Project Taiwan's Powerchip Group invested in the first semiconductor industry park in the mainland. The group is one of the world's four largest DRAM memory manufacturers and one of the three major semiconductor manufacturers approved by the Taiwan authorities to invest in fabs in the mainland. It has four 12-inch fabs with a total capacity of 240,000 wafers per month and is now the world's largest 12-inch DRAM factory.
Xuzhou Economic Development Zone, which has just been promoted to “national levelâ€, has cultivated equipment manufacturing mainly based on construction machinery and special vehicles, new energy based on solar photovoltaic and wind power, and modernization based on production logistics and software service outsourcing. The three leading industries such as services, as well as industrial electronics, food and medicine, textile and clothing and other advantageous industries, have built the country's largest R&D and production base for construction machinery and silicon materials. A number of Fortune 500 companies and large multinational companies such as Caterpillar of the United States, ThyssenKrupp of Germany, Saint-Gobain of France, Vestas of Denmark, Doosan of South Korea, and Hong Kong GCL have invested and developed here and achieved good results.
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