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Hangzhou Silan Microelectronics will invest CNY17 billion (USD2.6 billion) to build two 12-inch integrated circuit production lines in Haicang district, Xiamen, China. The first line will have a capacity of 80,000 wafers per month.
“Silan will invest in a 12-inch integrated circuit production line project with total investment of CNY17 billion (USD2.6 billion), upon completion of which the company's stake in the project company will rise to 85 percent from its current 15 percent.”www2.yicaiglobal.com
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