National Integrated Circuit Industry Investment Fund

Silan Microelectronics and the National Integrated Circuit Industry Investment Fund (Big Fund) will jointly invest 800 million yuan to increase the registered capital of subsidiary Silan Jixin for the second-phase 8-inch chip production line project. The total project investment is 1.5 billion yuan.

Silan Microelectronics (Silan) announced a 1.5 billion yuan ($210 million) investment to expand capacity at its 8-inch wafer fab in Hangzhou, China, through its subsidiary Silan Jixin. The project will add 432,000 8-inch wafers per year over five years, with partial funding from a 800 million yuan capital increase by Silan and the National Integrated Circuit Industry Investment Fund.

Hangzhou Silan Microelectronics will invest CNY1.5 billion (USD210 million) to expand its eight-inch integrated circuit production line, with CNY500 million from a state industrial fund. The project will be built in two phases over five years, targeting annual output of 252,000 eight-inch ICs in phase two.

Fastprint Circuit Tech signed an agreement to build an integrated circuit substrate plant in Guangzhou for about CNY 3 billion (USD 436.2 million), with investment in two phases.

Hua Hong Semiconductor issued shares to National Integrated Circuit Industry Investment Fund for net proceeds of about $400 million, and together with other parties, will inject a total of $18 billion into its Wuxi subsidiary for a 12-inch wafer fab.