Australia Shunchang to invest 1 billion 500 million yuan to build 8 inch chip production line

Australia Shunchang January 3rd evening announcement, the people's Government of Huaian city in Jiangsu province and in December 31, 2015 the company signed a "letter of intent Australia Shunchang integrated circuit chip project investment". The company intends to invest in the construction of a new 8 inch integrated circuit chip production line in Huaian Qinghe District, is expected to total investment of about $1 billion 500 million.

The production line is mainly developed in the manufacture of silicon based materials IGBT and Superjuction, etc., while the development of large-scale production of silicon carbide materials, wide band gap semiconductor devices, will be completed in the next 1-2 years. After the completion of the project is expected to achieve annual sales of more than 2 billion yuan.

Notice that, in view of Australia Shunchang investment projects for the country actively encourage and develop the strategic emerging industry; Huaian municipal government agreed according to the actual situation to provide "8 inch integrated circuit chip production line project of special funds for the construction of the project, and help support Australia Shunchang to the country, apply for funds and provinces support various supporting policies.

Australia Shunchang said that the project can implement smoothly, and the rapid formation of productivity, will fill gaps in the country in the industry areas, at the same time can obtain the industrial development of the first mover advantage, first in the country to form a production, to build the industrial chain, to become the industry developed areas, the core plate. The company signed a letter of intent to invest, intends to build a 8 inch chip production line investment, in accordance with established development strategy, to grasp the opportunities for development of the industry, the formation of the new focus of development, greatly enhance the company's competitive position in the industry and.

In recent years, China has become the largest consumer of IGBT, Superjuction and wide band gap semiconductor chips, and the annual growth rate of more than 30%. The domestic power semiconductor enterprises mainly in the production of low-end power devices or engaged in OEM business, foreign to the silicon material production of IGBT and Superjuction and wide band gap semiconductor chip independent core technology of domestic enterprises is almost blank. For example, the IGBT market is dominated by Europe and the United States, Japanese companies, widely used high-power IGBT devices are basically dependent on imports, in the delivery cycle and the purchase price is completely subject to foreign companies. The Australia Shunchang voted to build a new production line, to fill the gaps in the formation of a new profit growth point.

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