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Chinese home appliance giant Konka Group plans to build a CNY30 billion (USD4.4 billion) semiconductor and photoelectric industrial park in Chongqing's Bishan district. The first phase will involve investment of up to CNY7.5 billion.
“Konka is undergoing a shift from being a traditional electronics producer to a maker of microprocessors.”www2.yicaiglobal.com
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