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Lion Microelectronics announced plans to invest 1.23 billion yuan to build a project producing 960,000 12-inch silicon epitaxial wafers per year in Jiaxing, Zhejiang Province, China. The project will be implemented by a new subsidiary and has a construction period of 5-8 years.
“立昂微表示,此次投资有助于公司进一步完善战略布局,提升持续经营能力,符合公司及全体股东的利益。”app.dahecube.com
Summarized from public sources; check the original articles before acting on it.