It is reported that SMIC IC Manufacturing (Shaoxing) Co., Ltd. is jointly funded and established by SMIC, Shaoxing Municipal Government, and Shengyang Group. The total investment in this joint venture project is 5.88 billion RMB. An 8-inch production line will be introduced for MEMS and power. The device integrated circuit field, focusing on wafer and module foundry, continued to invest in R&D and devoted to industrialization, will build and form a comprehensive characteristic process base, and quickly occupy the leading position in the domestic market.
Dr. Zhao Haijun, CEO of SMIC, said that the SMIC Shaoxing project signed a joint venture agreement from March 1 to the groundbreaking ceremony in just 79 days, which fully reflects Shaoxing's determination in developing the IC industry. A pragmatic and efficient style. SMIC is confident in this project. It will try its best to expand its market share, continuously improve its product chain, and quickly occupy the leading position in the domestic market. This will enable SMIC and SMIC to realize differentiated, complementary and collaborative efforts in the industry chain. Development, to create a domestic leading, world-class characteristic process semiconductor company, to contribute to the realization of China's intellectual creation. '
Ma Weiguang, Secretary of the Shaoxing Municipal Party Committee, said, 'Shaoxing City attaches great importance to the IC industrialization project created in cooperation with SMIC and regards it as a major strategic move for industrial transformation and upgrading. We will formulate and continuously improve the IC industry support policy, systematically. , continue to increase investment in the integrated circuit industry, I believe that in the near future, the core base of China's characteristic process integrated circuit will rise here.
In addition, attending the groundbreaking ceremony were Ma Weiguang, Party Secretary of Shaoxing City, Deputy Secretary of the Municipal Party Committee, Mayor Sheng Yuechun, Dr. Zhao Haijun, Chief Executive Officer of SMIC, Dr. Gao Yonggang, Chief Financial Officer, and Ge Hong, Senior Vice President of the Strategic Development Center.
In December 2017, the Zhejiang Provincial Government promulgated the “Implementation Opinions on Accelerating the Development of the Integrated Circuit Industry” and proposed that by 2020, the revenue of integrated circuits and related industries in the province will be raised from the current RMB 50 billion to RMB 100 billion, becoming Leading the future of heavyweight industries. At present, the governments of many places in Zhejiang Province, including Shaoxing City, attach great importance to the development of the integrated circuit industry, continue to increase government guidance and policy support, and promote the rapid development of the local integrated circuit industry.
It is reported that there are currently 13 integrated circuit companies in Shaoxing, and have a number of 5-inch, 6-inch, 8-inch chip production lines. In 2017, the city’s integrated circuit industry's main business revenue reached 2.5 billion yuan, an annual increase of 81.2%; total profit reached 3.81 billion yuan, an annual increase of 59.1%. It is expected that by 2020, the main business income of the integrated circuit industry in Shaoxing will exceed 8 billion yuan, a company with a scale of 5 billion yuan will be cultivated, and 3 enterprises with a scale of more than 1 billion yuan will be established.