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Yaxin Microelectronics (Zhejiang Yaxin Microelectronics Co., Ltd.) has started construction of a semiconductor wafer manufacturing and chip packaging/testing project in Dongbao District, Jingmen, Hubei. The total investment is 40 billion yuan (approx. $5.5 billion), with Phase I (30 billion yuan) building a 6-inch wafer line and packaging/testing lines, and Phase II (10 billion yuan) adding a lead frame line.
“项目投产后,可年产芯片100亿颗、晶圆100万片,年产值40亿元、税收8000万元以上”casmita.com
Summarized from public sources; check the original articles before acting on it.