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Xinhuilian, a subsidiary of Baicao Chemical, held a groundbreaking ceremony for a semiconductor process equipment R&D and manufacturing base in Wuxi, China. The project has a total investment of CNY 5 billion and is expected to be completed by June 2026, with annual capacity of 300 semiconductor core equipment units.
“Xinhuilian will fully promote the project to be built quickly and put into use early, providing strong support for Wuxi to build an internationally competitive integrated circuit industry cluster.”wuxi.gov.cn
Summarized from public sources; check the original articles before acting on it.