EverBright Semiconductor to build $1.4B compound semiconductor plant in Suzhou

EverBright Semiconductor (688048.SH) announced its subsidiary Suzhou EverBright Semiconductor Laser Innovation Research Institute will invest CNY 1 billion to build an advanced compound semiconductor optoelectronics platform in Taihu Science City, Suzhou. The project is expected to start construction in 2023 and begin production in 2025, with an annual output value of at least CNY 600 million.

“公司全资子公司苏州长光华芯半导体激光创新研究院有限公司与苏州科技城管理委员会签订项目投资合作协议，拟合理分期投资10亿元在太湖科学城建设先进化合物半导体光电子平台项目”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com长光华芯(688048.SH)拟于苏州太湖科学城投10亿元新建先进化合物半导体光电子平台Dec 27, 2022

Summarized from public sources; check the original articles before acting on it.