Xiamen Xinyi Technology Industry Co., Ltd.

Silan Microelectronics (Silan) announced it will invest about 120 billion yuan ($16.6 billion) with partners to build an 8-inch SiC power device chip manufacturing line in Xiamen's Haicang District. The project, to be built in two phases, will have an annual capacity of 720,000 8-inch SiC wafers.