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Kangxiang Group signed an agreement with Nanchang Economic Development Zone to build the Jiangxi Kangxiang Semiconductor High-Tech Industrial Park and third-generation compound semiconductor project, with a total investment of 30 billion yuan. The first phase, costing 5 billion yuan, will focus on third-generation compound semiconductors and a research institute, with production expected by end of 2021.
“该项目力争今年年底之前开工建设,2021年6月主厂房封顶,2021年年底前投产。”casmita.com
Summarized from public sources; check the original articles before acting on it.