Chinese Wafer Maker Starts Building USD253 Million Plant to Tackle Foreign Monopoly
Dou Shicong
DATE:  Mar 20 2018
/ SOURCE:  Yicai
Chinese Wafer Maker Starts Building USD253 Million Plant to Tackle Foreign Monopoly Chinese Wafer Maker Starts Building USD253 Million Plant to Tackle Foreign Monopoly

(Yicai Global) March 20 — Ningxia Yinhe Semiconductor Technology Co. has officially begun construction of its CNY1.6-billion (USD253-million) silicon wafer factory in northwestern China as the nation continues to press ahead with chipmaking technology.

The plant, located at Yinchuan Economy and Technology Development Zone, will be able to produce 4.2 million eight-inch waters and 2.4 million 12-inch wafers a year once built, Ningxia Daily reported. The components will be used in the communications, automotive, medical and defends sectors to generate CNY1 billion annually, the report said.

Yinhe's large wafers will help tear down the monopoly held by companies from Japan, South Korea and the United States, and reduce a China's reliance on imports for high-quality components, it added, saying this will, in turn, reduce costs and make the industry more competitive.

Yinchuan Economy & Technology Development Zone was set up in 2001 and focuses on manufacturing, new energy and new materials. It is home to a monocrystal silicon production facility base and China's largest industrial sapphire production base.

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Keywords:   Ningxia,Semiconductors,Wafers,Yinchuan