Before the Lunar New Year, Yuecheng District, Shaoxing City, issued a file on the promotion of SMIC project, SMIC has invested in the exposure of Shaoxing.At that time the industry also rumors, the case is still variable, but after the March 1, SMIC International and Shaoxing City jointly signed a contract to jointly declare the wafer production project landing .Shaoxing actively seize power semiconductor highlands features process and platform, SMIC is different from other competitors rival advanced process, but a different approach in the mainland is still weak SMIC and power components chip manufacturing, SMIC landing in Shaoxing project.SMC previously chose to cooperate with the arrival of Ningbo, Shaoxing, but the project was first arrived, from the local investment initiative positive.While in Shaoxing Power semiconductor is expected to have more follow-up action.After all, the semiconductor industry chain lead a move, not a single business support alone, but the industry needs to form a settlement. Power components in short supply capacity tight Second, from the sales point of view With the advent of an intelligent society, the markets for artificial intelligence, 5G communications, Internet of Things, automotive and industrial applications booming. However, since last year, the lack of supply of power MOSFETs in the upstream material is mainly due to the lack of material on the wafer substrate. On the demand side, the output capacity of international manufacturers is increased from the supply of the original The largest PC and 3C-related markets, the supply of more relevant to the emerging automotive and electric vehicles, the more obvious lack of supply in the full development of the electric car industry in mainland China against the backdrop of power components is in short supply capacity tight.In addition, there are other A growing momentum comes from the newly emerging downstream applications, such as smart appliances, more and more integrated intelligence and power control, which are also the main reasons for the large power outages this year. Power semiconductor-related personnel, technology, the need to introduce from abroad, the mainland to develop both ways, SMIC's long experience in this area may be able to Shaoxing development priorities, however, high-end technical personnel are still in the hands of foreign manufacturers , The future should be more upstairs, and further integration with international enterprise technology may also be one of the development of good policy.Currently, in charge of SMIC Project promotion of Shaoxing Yuecheng District (Hi-tech Zone), industrial development planning and related professionals have been linked with the introduction of policies; and follow-up to support the implementation of policies and continuous funding of the note are the key to the success of the project in the future. According to the signing contract, the sponsors of the project are jointly funded by SMIC, Shaoxing Municipal Government and Sheng Yang Group. The total investment amount of the joint venture project is 5.88 billion yuan, and an 8-inch production line will be introduced for the production of MEMS System (MEMS), power components, focus on wafer and module foundry; the second phase will be introduced into wafer-level packaging and module packaging, building and forming a comprehensive feature process base. Said that SMIC has worked hard for nearly 10 years in the field of micro-electromechanical and power component manufacturing processes and has worked hand in hand with Shaoxing City to become a major project that is in line with SMIC's strategic goal of building advanced manufacturing clusters in the Yangtze River Delta. Shaoxing, a total of 13 IC companies, with a number of 5-inch, 6-inch, 8-inch chip production line in 2017 the city's IC industry main business revenue of 2.5 billion yuan, an increase of 81.2% annual growth; A total profit of RMB 381 million, an increase of 59.1% annual growth. Strive to 2020, Shaoxing City, IC Industry, the main business revenue exceeded 8.0 billion yuan, cultivating more than 5 billion yuan a business, more than 1 billion yuan business 3 Family.