HC SemiTek to build $1.7 billion semiconductor facility in Yiwu, China

HC SemiTek Corp. signed a deal to invest CNY10.8 billion (USD1.7 billion) to build an advanced semiconductor and device center in Yiwu Information Optoelectronic High-Tech Industrial Park, China. The facility will produce LED chips, MEMS sensors, VCSEL, GaN-based lasers, and power electronic devices, with completion expected in seven years.

“HC SemiTek signed a deal with Zhejiang Yiwu Industrial Park on Feb. 21 to build the facility in Yiwu Information Optoelectronic High-Tech Industrial Park.”yicaiglobal.com

• 2 sources
• yicaiglobal.comHC SemiTek to Set Up USD1.7 Billion Semiconductor Facility in Yiwu to Boost CompetitivenessTang ShihuaFeb 22, 2018
• displaydaily.comHC Semitek Announces New Semiconductor Facility – Display DailyAndrew FennMar 2, 2018

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