Hangzhou Silan Jixin Microelectronics

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.