# Zhonghong Xinjing to invest 11.1 billion yuan in third-generation semiconductor cluster in Jinan

Zhonghong Xinjing Technology will invest approximately 11.1 billion yuan over 5 years to build a third-generation semiconductor industrial cluster in Jinan, China. The project includes production lines for SiC substrates, epitaxy, GaN, and deep-UV LEDs, with phased completion targets.

- Type: Investment
- Announced: 2020-04-08
- Where: Jinan, Shandong, China
- Value: $1.57B (11.1B CNY)
- Status: announced
- Products: silicon carbide substrates, GaN epitaxy, deep-UV LEDs, RF devices, power devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Zhonghong Xinjing Technology](https://endata.com/companies/46488.md)

## Sources

- [china-led.net](https://www.china-led.net/news/202004/10/44952.html), 2020-04-10: "中鸿新晶第三代半导体产业集群项目总投资约111亿元，总建设周期5年，分三期进行。"

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