# BYD Semiconductor completes phase 1 of $1.4B project in Shaoxing

BYD Semiconductor completed the first phase of a power device and sensor-control device research and manufacturing project in Shaoxing, Zhejiang province, China. The total investment is RMB 10 billion ($1.4 billion), and the project will have an annual capacity of 720,000 power device products and 6 billion optical microelectronic products when fully completed.

- Type: Expansion
- Announced: 2023-11-29
- Where: Shaoxing, Zhejiang province, China
- Value: $1.40B (10.0B CNY)
- Starts operating: 29 Nov 2023
- Status: completed
- Capacity: 720,000 power device products and 6 billion optical microelectronic products annually
- Products: power devices, sensing and control devices, optical microelectronic products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [BYD Semiconductor](https://endata.com/companies/46903.md)

## Sources

- [cnevpost.com](https://cnevpost.com/2023/11/29/byd-semiconductor-shaoxing-project-completion-phase-1/), 2023-11-29: "The project will have an annual production capacity of 720,000 power device products and 6 billion sets of optical microelectronic products, and will realize an annual output value of RMB 15 billion, after completion of all construction."

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