Nationz Technologies to Invest USD1.2 Billion to Build Compound Semiconductor Eco Industrial Park
Dou Shicong
DATE:  Aug 16 2017
/ SOURCE:  Yicai
Nationz Technologies to Invest USD1.2 Billion to Build Compound Semiconductor Eco Industrial Park Nationz Technologies to Invest USD1.2 Billion to Build Compound Semiconductor Eco Industrial Park

(Yicai Global) Aug. 16 -- Electronic components manufacturer Nationz Technologies Inc. [SHE:300077] will invest nearly USD1.196 billion (CNY8 billion) to build a compound semiconductor eco industrial park for the development of second- and third-generation semiconductor epitaxial wafers and related projects in China's southwestern Sichuan province.

Today's announcement by the company, which is based in China's southeastern manufacturing hub of Guangdong province, related that its wholly-owned subsidiary, Shenzhen Qianhai Guomin Investment Management Co., concluded an investment agreement with the municipal government of Qiong Lai, Chengdu, Sichuan on Aug. 15 and would invest in and construct a compound semiconductor eco industrial park, with total investment of at least CNY8 billion.

Construction of the industrial park will occur in two phases, per the announcement. Phase I investment will be CNY5 billion, while Phase II investment will total CNY3 billion. The industrial park is expected to take shape in three years and achieve its production capacity in five years.

Compound semiconductors are composed of compound crystals, a semiconductor material mainly used in large-scale integrated circuits, as compared to current mainstream silicon crystal materials.

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Keywords:   Nationz Tech.,Semiconductor,Eco Industrial Park,Investment,Sichuan