Tsinghua Unigroup to Invest US$70 Billion on Three New Wafer Plants

Tsinghua Unigroup is reportedly planning to build IC manufacturing sites in Wuhan, Chengdu and Nanjing with total investment reaching US$70 billion. 

It’s nothing new that Tsinghua Unigroup is assisting subsidiary Yangtze River Storage Technology to establish a new memory plant in Wuhan, Hubei Province. Digitimes reports that the Wuhan plant will cover an area of about 13 hectares and the investment is estimated at US$24 billion. The facility is expected to kick off mass production of 3D NAND flash memory in 2018.

Tsinghua Unigroup will also invest US$46 billion on other two plants in Chengdu and Nanjing.

Additionally, the company is looking to enter the logic IC manufacturing sector. The memory chips are mainly designed for companies like Samsung, Micron, Toshiba, while its logic IC business targets Intel, TSMC and LSI.

Shall not be reproduced without permission:EXPREVIEW » Tsinghua Unigroup to Invest US$70 Billion on Three New Wafer Plants

like (0)
Share:

COMMENT 0

Comments must be logged in!