# CRRC Times Semiconductor to build two power semiconductor plants for CNY11.2 billion

CRRC Times Semiconductor, a subsidiary of CRRC Times Electric, will invest CNY11.2 billion to build two factories for low and medium-voltage power semiconductor devices in Zhuzhou and Yixing, China. Each plant will have an annual capacity of 360,000 devices.

- Type: Investment
- Announced: 2022-09-22
- Where: Zhuzhou, Hunan and Yixing, Jiangsu, China, China
- Value: $1.60B (11.2B CNY)
- Status: announced
- Capacity: 720,000 power semiconductor devices per year (360,000 each)
- Products: low and medium-voltage power semiconductor devices, IGBT modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CRRC Times Electric](https://endata.com/companies/20667.md)
- [CRRC Times Semiconductor](https://endata.com/companies/65497.md)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/china-crcc-times-jumps-after-revealing-new-chip-plans-renault-part-order), 2022-09-23: "Subsidiary CRRC Times Semiconductor will spend CNY11.2 billion (USD1.6 billion) building two plants for low and medium-voltage power semiconductor devices in CRRC Times Electric’s hometown of Zhuzhou and in Yixing."

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