San'an Optoelectronics invests RMB 33.3 billion in semiconductor projects in Quanzhou

San'an Optoelectronics announced a total investment of RMB 33.3 billion to set up projects in Nan'an Park 'Chipvalley' in Quanzhou, Fujian Province, for R&D and manufacture of high-end GaN and GaAs LED chips, power semiconductors, and other components. Mass production is planned within five years.

“These investment projects are considered emerging strategic industries that the Chinese government emphasizes and actively facilitates.”ledinside.com

• 1 source
• ledinside.comSan’an Opto Pours RMB 33.3 Bil into New Semiconductor Projects - LEDinsideDec 1, 2017

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