[News] China’s Three 10-Billion-RMB Semiconductor Projects Advance Progress

Recently, three major semiconductor projects worth tens of billions of RMB in Zhuhai, Kunshan, and Wuhan, China, have made significant progress.

The Yiyuan Semiconductor Materials Industrial Base project in Jinwan District, Zhuhai, is expected to commence production in February 2026. Luxshare Precision’s 10-billion-yuan industrial project has officially signed and settled in Kunshan, while YOFC Advanced Wuhan Base is accelerating towards mass production.

Yiyuan Semiconductor’s 10-Billion-Yuan Project to Begin Production in 2026

According to the Zhuhai Municipal Bureau of Industry and Information Technology, on February 5, the Yiyuan Semiconductor Materials Industrial Base project in Jinwan District, Zhuhai, reported the latest progress. Phase 1 of the project is expected to start production in February 2026.

Earlier reports indicated that the project covers a total planned area of approximately 17.8 hectares, with a total investment of around 10 billion yuan. It will primarily produce globally advanced synthetic quartz components and silicon carbide power module substrates. The project is planned to be constructed and put into operation in two phases.

Luxshare Precision Signs 10-Billion-Yuan Major Industrial Project in Kunshan, Suzhou

On February 8, Luxshare Precision Industry Co., Ltd. (hereinafter referred to as “Luxshare Precision”) held a signing ceremony for a major 10-billion-yuan industrial project in Kunshan, Suzhou. With a total investment of 12 billion yuan, this is Kunshan’s largest investment project in the past three years. Once operational, the project is expected to generate an annual output value of 80 billion yuan.

The Luxshare project consists of two main parts. The first part is the next-generation smart terminal and wearable products project, with an investment of approximately 6 billion yuan and a land area of 9.2 hectares.

This project will focus on developing next-generation smart terminals and wearable products, further vertically integrating production capacity for smartphones and smart headsets, and building a full industry-chain ecosystem covering research, design, and manufacturing. Once completed, it is expected to generate an additional annual industrial output of approximately 60 billion yuan.

The second part is the smart precision acoustic headset product project, also with a total investment of 6 billion yuan, covering about 11.2 hectares. The project includes an R&D center, laboratories, and an intelligent manufacturing production base for a range of acoustic products, aiming to help Kunshan seize opportunities in the high-tech acoustic industry.

YOFC Advanced Wuhan Base Expected to Begin Mass Production in Q2 2024

According to a report from Hubei Daily on February 7, construction of the YOFC Advanced Wuhan Base is accelerating, with mass production expected to begin in May 2024, followed by yield improvement and capacity ramp-up.

Public records show that the YOFC Advanced Wuhan Base is a key project under Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), with a total investment exceeding 20 billion yuan. It focuses on the research and production of third-generation semiconductor power devices.

The project is located in Wuhan Optics Valley Science Island, covering approximately 229,400 square meters with a total building area of about 301,500 square meters.

Once completed, the project is expected to achieve an annual output of 360,000 six-inch silicon carbide (SiC) wafers and epitaxy, as well as 61 million power device modules, with applications spanning new energy vehicles, photovoltaics, energy storage, and charging stations.

(Photo credit: YOFC)