East China’s Jiangsu province has attached importance to the progress of major industrial projects through capital and talent support to provide momentum for the province’s steady economic growth and restructuring against the downturn trend.
Zhonghuan Semiconductor Co. Ltd put into operation its large-diameter silicon wafer project for integrated circuits in Yixing in the third quarter at a total investment of 3 billion yuan.
The project has opened the localization process for the making of 8-inch and 12-inch wafers.
This is another project in Jiangsu that fills the gap in the field of silicon wafers for large-scale integrated circuits after the Huahong Wuxi IC project, greatly improving the independent and controllable development of the integrated industry.
Xue Piao, deputy CEO of Zhonghuan Semiconductor Co. Ltd:“With the help of Wuxi and Yixing Municipal Party Committee and Municipal Government，the project has opened up a green channel for the administrative approval of enterprise projects，by providing a nanny-style menu service which has enabled us to build this project quickly.With the launch of our project,Wuxi has formed a complete integration Circuit industry chain.”
Liu Feng, Chairman, Semiconductor Materials Branch, China Electronic Materials Industry Association：“China is one of the largest users of integrated circuits or chips.But the country has been dependent on imported materials.The large-scale silicon project by Zhonghuan Semiconductor is a solid step towards realizing the development of large-scale silicon wafers in China.”
From January to September, the province’s investment in electronics and communication equipment manufacturing industry increased by 57.4% year-on-year. The positive drive of a number of emerging industries has supported the steady and high-quality growth of Jiangsu's industrial investment. 17 major industrial projects were put into production. 61 projects have exceeded their annual investment plans.
In the first three quarters of this year, the province's investment in manufacturing increased by 6.9%, 2.2 percentage points higher than the province's fixed asset investment. The investment in high-tech industry increased by 20.3% year-on-year, 10.8 percentage points faster than the first half. As of the end of September, the province's advanced manufacturing cluster project is progressing smoothly. 1.16 trillion yuan has been invested in 863 projects, accounting for 84.9% of the annual plan.
（source:ourjiangsu.com）
