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Inno-science (Suzhou) Semiconductor Co., Ltd. held a groundbreaking ceremony for a new semiconductor production plant in Wuhu High-tech Development Zone, Wujiang, Jiangsu Province. The total investment is about 6 billion RMB (approx. $900 million), with a first-phase investment of about 2 billion RMB. The plant will have an annual capacity of 888,000 8-inch wafers for silicon-based power semiconductor ICs.