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Ganfeng Lithium (赣锋锂业) announced to invest RMB 5 billion ($737 million) in constructing a new type of lithium battery and energy storage headquarter
Everbright Photonics (长光华芯) will invest RMB1 billion ($143 million) to build a facility for the research and development and production of compound semiconductors
The growth rate of China's AR/VR market has ranked first in the world in recent years, and it’s predicted that its compound annual growth rate will reach 42.2% from 2021 to 2026, said IDC in its latest report.
The global compound semiconductor (CS) substrate market is strongly driven by power and photonics applications and will be worth close to $2.4 billion by 2027 with a 16% CAGR.
Compound Semiconductor was awarded two honors at the final of the “Chip Power 2022.”
The Chinese compound semiconductor provider SAIC (三安集成) have been successfully accepted into Samsung Electronics’ mobile phone supply chain with its SAW filter products, according to industry sources.