By Greg Gao
(JW Insights) Feb 27 -- Wuxi Xindong Semiconductor technology(无锡芯动半导体科技), a subsidiary of Chinese auto giant Great Wall Motor, started construction of its third-generation semiconductor module packaging and testing project on February 26 in Wuxi, east China’s Jiangsu Province, according to Great Wall Motor.
The project’s manufacturing base has a total investment of RMB800 million(about $115 million), with a construction area of about 30,000 square meters. It has a planned annual production capacity of 1.2 million sets of automobile modules.
It is expected that the plant will reach the conditions for full equipment entry in September 2023, and it will be put into production by the end of this year at the earliest.
On November 1, 2022, Great Wall Motor incorporated Xindong Semiconductor with a registered capital of RMB50 million($7.18 million). The company focused on IC in the automotive and energy fields.
RELATED
-
Chinese AI chip startup Witmem’s computing-in-memory SoC chip brings AI to hearing aids
03-20 15:37 -
SCMP: China’s semiconductor output shrinks 17% in first two months of 2023 amid economic headwinds and US sanctions
03-17 16:55 -
Tom’s Hardware: China's Loongson faces overwhelming obstacles due to U.S. restrictions
03-17 16:33
READ MOST
-
ijiweiTalk Ep 244: China Cracked Quantum Encryption? END GAME of password!
1.2w
03-14 13:56 -
China’s national semiconductor Big Fund injects $1.87 billion into the country’s top memory chipmaker YMTC with a stake in it
8745
03-02 21:33 -
ijiweiTalk Ep 239: Metaverse's huge business loss, where did the money go?
8081
02-27 11:16 -
China’s top international trade organization CCPIT: US' abuse of export control measures will seriously hinder the advance of chip industries in both China and the world
7855
02-23 17:28 -
JW Insights: China’s booming display panel industry prompts upstream polarizer companies to expand production and seek M&As
7644
02-23 18:31
