# Suzhou Matrix Optoelectronics to build magnetic sensor chip plant in Zhangjiagang

Suzhou Matrix Optoelectronics Co Ltd held a groundbreaking ceremony on July 10, 2023, for a 21,000-square-meter integrated magnetic sensor chip research and production base in Fenghuang town, Zhangjiagang. The project has a total investment of 150 million yuan ($20.85 million) and is expected to produce 100 million chips annually.

- Type: New facility
- Announced: 2023-07-10
- Where: Fenghuang town, Zhangjiagang, China
- Value: $20.9M (150.0M CNY)
- Status: under construction
- Capacity: 100 million chips annually
- Products: integrated magnetic sensor chips, gallium arsenide and indium antimonide Hall effect devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Suzhou Matrix Optoelectronics Co Ltd](https://endata.com/companies/71387.md)

## Sources

- [jiangsu.chinadaily.com.cn](https://jiangsu.chinadaily.com.cn/zhangjiagang/2023-07/12/c_916038.htm), 2023-07-12: "The groundbreaking ceremony for the integrated magnetic sensor chip project constructed by Suzhou Matrix Optoelectronics Co Ltd was held on July 10 in Fenghuang town, Zhangjiagang."

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