By Kate Yuan

(JW Insights) Oct 30 -- The completion and production ceremony of the first chip manufacturing project in northern China’s Inner Mongolia was held in Baotou City on October 29, according to the city’s Hondlon District Committee.

The project mainly consists of dust-free intelligent production and testing workshops, a software development center, and a product engineering department, with a total construction area of 50,000 square meters. The investor is the locally-based Baotou Belanxin Electronic Technology with RMB1.5 billion ($204.98 million).

The plant will primarily produce MCU microelectronic central control processing chips and IGBT power control chips with an estimated annual production capacity of 120 million chips. These products will be mainly used in aerospace, aviation, spacecraft, military control, and automotive electronic automation equipment.