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Zhejiang Bofang Jiaxin Integrated Circuit Technology Co., Ltd. signed an agreement to build a large-scale GaN RF device and power device production base in Jiaxing Science and Technology City, with a total investment of 2.5 billion yuan ($354 million) on 110 mu of land. Full production is expected to generate annual sales of over 3 billion yuan.
“该项目将新建大型规模化的GaN射频器件与功率器件生产基地,总投资25亿元,占地110亩。”semiw.com
Summarized from public sources; check the original articles before acting on it.