Then Ding Wenwu and his entourage heard the general manager of basic semiconductors and Dr. Kou’s report on the development of the company. Ding Wenwu fully affirmed the technical innovation and strategic positioning of basic semiconductors, and encouraged the company's team to make persistent efforts, based on innovation, and continue to grow and become stronger. China's third-generation semiconductor industry leader. The National IC Industry Investment Fund is established to promote the development of the integrated circuit industry. It focuses on integrated circuit chip manufacturing, taking into account chip design, manufacturing, packaging and testing, equipment and materials, and other industries. Market-oriented operation, professional management. As of the end of 2017, the major funds had effectively invested 67 projects in decision-making, and accumulative project commitments amounted to 118.8 billion yuan. It is reported that the second-stage fundraising of large-scale funds exceeds one period and will reach 1500-200 billion yuan.
On the morning of April 10, Ding Wenwu, Chairman of the Board of Supervisors Lin Guifeng, Technical Director Zhang Jinmin, Xiao Xiangfeng, Secretary General of the China Wide Band Gap Power Semiconductor and Application Industry Alliance, and others, Secretary of Yan Yanbo, Zhuhai High-tech Zone, and Liu Jia, Zhuhai Municipal Bureau of Industry and Technology Information Technology Accompanied by the Secretary and other leaders, they came to Inoseco (Zhuhai) Technology Co., Ltd. for research and discussion.
Dr. Luo Weiwei, President of Innovaco, briefed President Ding Wenwu on China's first '8-inch silicon-on-silicon nitride' production line recently put into production, focusing on self-developed silicon-based GaN-enhanced power devices and targeting 5G. Communication of RF devices, followed by a visit to the cleanroom and product application showroom.
Ding Wenwu said that Bai Wen was not as good as he saw. He fully acknowledged the progress of Inocore's 8-inch silicon-based gallium nitride mass production line construction, chip R&D and manufacturing, and attracted the InoSec platform. We are very excited about the semiconductor backbone talents of many world-class companies. We hope that the company will give full play to its advantages in talents, grasp the market opportunities, and increase the scale of production. Yan Yanbo's secretary stated that InoSecco is a key introduction of Zhuhai High-tech Zone from abroad. High-tech projects have high hopes for the development of InoSecco. We hope that the company will grasp the historical opportunities of technological innovation in Guangdong, Hong Kong, and Macao Bay Area, and contribute to China's semiconductor industry surpassing international standards.
The National IC Industrial Investment Fund was established in September 2014. It has both the guiding role of the national strategy and the scientific nature of the market operation. It raised funds of RMB 138.7 billion in the first phase and completed its basic investment. The second phase of fundraising started in 2018 is expected to reach 200 billion, focusing on integrated circuit chip manufacturing, while actively deploying chip design, manufacturing, packaging and testing, equipment and materials and other industries.