By Kate Yuan

(JW Insights) Sep 25 -- China’s high-end power device supplier Dexin Chip (德信芯片) held the foundation laying ceremony for a high-end power device wafer R&D and production project on September 20, with an investment of RMB5 billion ($684.73 million).

The project will focus on high-performance power devices, including high-reliability FRD, MEMES, and other products primarily used in optical storage and automotive electronics.

The first phase of the project will have a fixed asset investment of RMB1.4 billion ($191.72 million) and will feature a 6-inch wafer mass production line, with a monthly production capacity of up to 70,000 wafers.

Dexin, based in Suzhou of eastern China’s Jiangsu Province, was founded in 2022 by two listed companies Oriental Semiconductor and Good-Ark.

Oriental Semiconductor specializes in high-performance power devices used in high-power industries such as automotive and industrial sectors. Good-Ark focuses on semiconductor rectifier chips, power diodes, rectifier bridges, and IC packaging and testing.