GaAs IC Project One of 45 to Start in Jiaxing
At the first “South Lake Spring” international economic and trade fair, 45 projects were signed in Nanhu District, Jiaxing of Zhejiang Province, for a total investment of over 20 billion yuan.
The largest of these is a gallium arsenide (GaAs) IC project funded by Jiayi Microelectronics and US Duet Microelectronics. The GaAs project will mainly engage in R&D and manufacturing of semiconductor microwave ICs and vertical cavity surface laser emitters (VCSELs) with a total investment of 6 billion yuan. Revenue is anticipated to be 8 billion yuan.
Multiple IC Projects to Settle in Wuxi
Following the second Wuxi Tai Lake Innovation “Core” Summit and 2019 Wuxi-Taiwan IC Design Industry Communication Forum, several IC and related industry projects were signed to settle in Wuxi. Among these are the Zhongxiwei Display Chip Project, Bianyuan Microelectronics Project, SGR Microelectronics Project, and CETC (Wuxi) IC Industry Fund Project.
Wuxi is an important city in China’s IC industry. Data indicates that Wuxi IC industry revenue for 2018 totaled 111.246 billion yuan, second only to Shanghai. Wuxi’s design industry, wafer manufacturing, and test and packaging businesses ranked fifth, third and first in the country, respectively.