Tsinghua Unigroup plans $24B flash memory fab in Wuhan, China

Tsinghua Unigroup announced plans to build a flash memory fabrication plant near Wuhan, China, costing $24 billion. The fab is expected to produce 300,000 wafers per month starting in 2020.

“Die Fab bei Wuhan soll 24 Milliarden US-Dollar kosten und ab 2020 Flash-Speicher produzieren.”golem.de

• 8 sources
• golem.deTsinghua Unigroup: China plant weltweit zweitgrößte und extrem teure Flash-Fab - Golem.deMarc SauterJan 13, 2017
• reuters.comChina's Tsinghua Unigroup to build $30 billion Nanjing chip plantJan 19, 2017
• spacedaily.comChina's largest chip company to build $30 billion semiconductor factoryJan 20, 2017
• asiatimes.comTsinghua Unigroup to build US$30b Nanjing chip plant - Asia TimesReutersJan 20, 2017
• dw.comNew Chinese chip factoryJan 20, 2017
• technews.bg

Summarized from public sources; check the original articles before acting on it.