# Foster Semiconductor to build $60M smart manufacturing park in Xiangdong, Jiangxi

Foster Semiconductor signed an agreement with the Xiangdong District government to build a 6-billion-yuan smart manufacturing industrial park in Pingxiang, Jiangxi, focusing on integrated circuits, microelectronics, satellite navigation, 5G, and smart manufacturing. The first phase includes a 3.5-billion-yuan Longxinwei semiconductor project for chip packaging and testing.

- Type: New facility
- Announced: 2019-11-11
- Where: Xiangdong District, Pingxiang, Jiangxi, China
- Value: $855.0M (6.00B CNY)
- Status: announced
- Products: integrated circuits, microelectronics, semiconductor chips, satellite navigation, 5G mobile communication
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Foster Semiconductor](https://endata.com/companies/43261.md)

## Sources

- [elecfans.com](https://www.elecfans.com/d/1110746.html), 2019-11-13: "11月11日，江西省萍乡市湘东区与深圳市福斯特半导体有限公司在萍乡迎宾馆签订合作协议，标志着总投资60亿元的福斯特智能制造产业园项目和龙芯微半导体项目正式落户湘东区。"

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