Heavy! An optoelectronic intends to 33 billion 300 million yuan investment to build semiconductor related industrial projects

Yesterday (5) evening, three optical announcement, in December 5, 2017 the company held the ninth meeting of the Fifth Board of directors passed on the company and the Quanzhou Municipal People's Government of Fujian province and Fujian Province, Nanan City People's government signed the "investment agreement" of the bill.

According to the agreement, the company intends to invest in Fujian Province, Quanzhou Nanan core Valley Park incorporated a number of item company (or item company name pending, hereinafter referred to as the "item company"), a total investment of 33 billion 300 million yuan (including public facilities investment), all of the project within five years to achieve production, all projects within seven years of production, operating period not less than 25 years, annual sales income of about 27 billion yuan (according to the current price calculation).

According to the announcement, industrialization projects including: R & D and manufacturing industrial projects of high-end Gan LED substrate, epitaxy, chip; R & D and manufacturing industrial projects, high-end GaAs LED epitaxial chip; R & D and manufacturing industrial projects of high power Gan lasers; R & D and manufacturing industry project development and optical communication device; the manufacturing industry project, RF filter; power semiconductor (electric power) R & D and manufacturing industrial projects; R & D special substrate materials and manufacturing, special packaging products R & D and manufacturing industry project application.

An optoelectronic said, the company is mainly engaged in the development and application of III-V compound semiconductor materials, focusing on gallium arsenide, gallium nitride, silicon carbide, aluminum nitride, indium phosphide, sapphire and other new semiconductor materials involved in epitaxy, chip core business, and strive to create internationally competitive semiconductor manufacturers.

In addition, this investment project is an emerging national strategic industry efforts to build, with energy-saving and environmental protection; in line with the company's industrial development direction and development strategy, is the main industry bigger and stronger, can give full play to the synergistic effect of industry, rich product categories, greatly enhance the added value of products, extend the industrial chain company that is conducive to further expand the company's production capacity, to consolidate the company's position in the industry continue to increase market share, develop new applications and create a global influence of compound semiconductor enterprises.

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