# JieJie Microelectronics invests CNY 190 million in subsidiary JieJie Semiconductor

Jiangsu JieJie Microelectronics announced on 8 January 2020 it will invest CNY 190.12 million in its wholly owned subsidiary JieJie Semiconductor for a new production line for chip components and optoelectronic hybrid IC packaging and testing. The project has a total investment of CNY 230 million and a 24-month construction period.

- Type: Investment
- Announced: 2020-01-08
- Where: China
- Value: $27.5M (190.1M CNY)
- Status: announced
- Capacity: 150,000 4-inch wafers per year, 2.09 billion devices per year
- Products: chip components, optoelectronic hybrid ICs, SMD varistors, SMD diodes, AC/DC optocouplers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [JieJie Semiconductor](https://endata.com/companies/44425.md)
- [Jiangsu JieJie Microelectronics](https://endata.com/companies/44424.md) (investor)

## Sources

- [semiunion.com](https://www.semiunion.com/news/2020/1273.html), 2020-01-10: "This use of raised funds to increase capital in the wholly owned subsidiary JieJie Semiconductor is based on the construction needs of the project 'JieJie Semiconductor New Chip Components, Optoelectronic Hybrid IC Packaging and Testing Production Line Construction Project'."

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