Fullcomp the Beijing Fab investment amounted to $300 million

According to the Financial Times reported that the investment group Fullcomp International Investment plans to build a $300 million investment in Beijing wafer fab. It is said to be a registered company in the Samoa islands, which plans to design for local semiconductor companies and international electronics manufacturers chip.

SMIC (SMIC) has successfully built a 300mm wafer fab in Beijing, and 2 years ago, it was reported that LMNT, a start-up company in South Korea, had invested $1 billion 400 million to build a fab for manufacturing Flash flash memory. It is believed that the American company SPS also plans to build a chip factory in Beijing, but has not yet implemented.

This time, according to the Financial Times quoted Fullcomp Kuo, Secretary of the board of directors Jim, said the Beijing municipal government and the outskirts of Linhe Industrial Development Zone has promised to provide strong support for the planned Fullcomp plant. Jim Kuo said in an interview, said: the local government will build the plant for us, and provide land, add up to about $100 million."

Fullcomp refused to disclose the ownership of the proposed plant, but said the main investor is "overseas chinese". Reported that the plant will begin next month, when fully operational, the monthly production capacity of up to 30 thousand inches of 8 wafers.