# Forehope Electronic signs $1.4B second-phase IC packaging project in Ningbo

Forehope Electronic (Ningbo) Co., Ltd. signed a second-phase project on a 500-mu site with a total investment of about 10 billion yuan ($1.4 billion). The company is a semiconductor packaging and testing firm.

- Type: Expansion
- Announced: 2020-01-02
- Where: Ningbo, China
- Value: $1.40B (10.0B CNY)
- Status: announced
- Products: semiconductor packaging and testing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Forehope Electronic (Ningbo) Co., Ltd.](https://endata.com/companies/40234.md)

## Sources

- [semiunion.com](https://www.semiunion.com/news/2020/1058.html), 2020-01-03: "甬矽电子（宁波）股份有限公司二期500亩项目正式签约，总投资约100亿！"

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