Silan Microelectronics to expand IC production line with government backing

Hangzhou Silan Microelectronics will invest CNY1.5 billion (USD210 million) to expand its eight-inch integrated circuit production line, with CNY500 million from a state industrial fund. The project will be built in two phases over five years, targeting annual output of 252,000 eight-inch ICs in phase two.

“Hangzhou Silan Microelectronics will further increase its microchip manufacturing capacity by expanding its production line at a cost of CNY1.5 billion.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina to Chip In USD70 Million to Silan's USD210 Million IC Output ExpansionTang ShihuaAug 28, 2019

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