# 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.

- Type: New facility
- Announced: 2018-02-22
- Where: Yiwu Information Optoelectronic High-Tech Industrial Park, Yiwu, Zhejiang, China
- Value: $1.70B (10.8B CNY)
- Starts operating: 2025
- Status: announced
- Products: LED chips, MEMS sensors, VCSEL, GaN-based lasers, GaN-based power electronic devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [HC SemiTek Corp.](https://endata.com/companies/26555.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/hc-semitek-to-set-up-usd17-billion-semiconductor-facility-in-yiwu-to-boost-competitiveness), 2018-02-22: "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."
- [displaydaily.com](https://displaydaily.com/hc-semitek-announces-new-semiconductor-facility/), 2018-03-02: "Chinese LED developer HC Semitek has announced it will invest CNY10.8 billion ($1.7 billion) to build a new semiconductor and device centre."

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