United Nova Technology plans $3B auto-grade wafer foundry in Shaoxing

United Nova Technology announced a plan to invest CNY 20 billion ($3 billion) with partners to build a 12-inch automotive-grade wafer manufacturing plant in Shaoxing, Zhejiang province. The facility will have a monthly capacity of 50,000 wafers and produce digital controllers, analog power-management chips, and mixed-signal silicon photonics drivers.

“United Nova Technology... revealed a plan to invest CNY20 billion (USD3 billion) with government and private partners to build an automotive-grade wafer manufacturing plant.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina’s United Nova Rises on USD3 Billion Plan to Build Auto Wafer FoundryTang ShihuaJun 12, 2026

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