# SK Hynix and Xinfa Group invest 20 billion yuan in Wuxi semiconductor industrial park

SK Hynix and China's Xinfa Group jointly invested 20 billion yuan (about 370 billion won) to build an integrated circuit industrial park in Wuxi, China. Construction began on October 7, 2021.

- Type: Investment
- Announced: 2021-10-09
- Where: Wuxi, China, China
- Value: $310.0M (2.00B CNY)
- Status: under construction
- Products: integrated circuits
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md) (investor)
- [XINFA Group](https://endata.com/companies/51868.md) (partner)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202110091437034892), 2021-10-09: "SK하이닉스는 중국 신파(新發)그룹과 공동으로 20억 위안을 출자해 집적회로 산업단지를 조성한다."

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