# 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.

- Type: Investment
- Announced: 2017-12-01
- Where: Nan'an Park 'Chipvalley', Quanzhou, Fujian Province, China
- Value: $5.04B (33.3B CNY)
- Starts operating: 2022
- Status: announced
- Products: GaN LED substrate, LED epitaxial wafer, LED chip, GaAs LED epitaxial wafer, GaN lasers, optical communication components, RF & filter, power semiconductor, specialized substrate material
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [San'an Optoelectronics](https://endata.com/companies/23783.md)

## Sources

- [ledinside.com](https://www.ledinside.com/news/2017/12/sanan_opto_pours_rmb_33_bil_into_new_semiconductor_projects), 2017-12-01: "These investment projects are considered emerging strategic industries that the Chinese government emphasizes and actively facilitates."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.