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Konka Group has signed an agreement to build a semiconductor industrial park in Nanchang, Jiangxi province, with a total investment of CNY 30 billion (USD 4.5 billion). Construction will take place in two phases over 10 years.
“The electronics giant has signed an agreement with the administrative committee of the Nanchang Economic and Technological Development Zone to build a semiconductor industrial park with a total investment of CNY30 billion.”yicaiglobal.com
Summarized from public sources; check the original articles before acting on it.