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Huahong Semiconductor announced a $6.7 billion investment in a new 12-inch wafer production line in Wuxi, Jiangsu Province, with a planned capacity of 83,000 wafers per month. The project is expected to start in early 2023 and begin production in 2025.
“Despite continued capacity expansion, Huahong Wuxi still cannot satisfy growing demand and capacity utilization remains at a high level.”en.tmtpost.com
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