# Kangxiang to build $4.6B semiconductor park in Nanchang, China

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.

- Type: New facility
- Announced: 2020-11-11
- Where: Nanchang Economic Development Zone, Jiangxi, China
- Value: $4.60B (30.0B CNY)
- Starts operating: 2021
- Status: announced
- Products: third-generation compound semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kangxiang Group](https://endata.com/companies/51185.md)

## Sources

- [casmita.com](https://www.casmita.com/news/202011/13/2785.html), 2020-11-13: "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。"

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