# Zhejiang Bofang Jiaxin to build $354M GaN semiconductor plant in Jiaxing

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.

- Type: New facility
- Announced: 2019-11-07
- Where: Jiaxing Science and Technology City, Zhejiang, China
- Value: $354.0M (2.50B CNY)
- Status: announced
- Products: GaN RF devices, GaN power devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Zhejiang Bofang Jiaxin Integrated Circuit Technology](https://endata.com/companies/43182.md)

## Sources

- [semiw.com](https://www.semiw.com/news/2019113023.html), 2019-11-08: "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。"

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