A total investment of 6 billion | InnoSec Suzhou Semiconductor Project officially started

On June 23, the Innovaco wide bandgap semiconductor project held a groundbreaking ceremony in Wujiang District, Suzhou City. The project occupies an area of ​​368 acres and has a total investment of 6 billion yuan. The products cover low voltage to high voltage semiconductor power devices and RF devices. In the Yangtze River Delta Region, a wide bandgap semiconductor base integrating R&D, design, epitaxial growth, and chip manufacturing will be built to fill the industry gap in China's high-end semiconductor devices.

According to reports, Innosecco was founded by the Haigui Entrepreneurial Team. It is a high-tech enterprise that has gathered elites from well-known companies in the United States, South Korea, and Taiwan, and is invested by well-known domestic PE institutions such as Zhaoyin International and Wujiang Industrial Investment. , Has many years of R&D and industrialization experience in all aspects of the third generation wide bandgap semiconductor industrial chain, and mastered a number of core patented technologies. Following the eight-inch silicon-nitride-based gallium nitride project successfully crossed the line in Zhuhai in late 2017, Noseco has received wide recognition and attention from the semiconductor industry and the investment community. Innosco's Suzhou project will leverage the semiconductor industry clustering and policy advantages of the Yangtze River Delta region to develop in synergy with the upstream and downstream advanced manufacturing companies to fill the high-end semiconductor device industry in China. Blank, provide advanced, high-efficiency, energy-saving and low-cost core electronic components for the independent innovation and development of 5G mobile communications, new energy vehicles, high-speed trains, electronic information, aerospace, energy internet and other industries. The win-win development of domestic and foreign strategic partners.

At the ceremony, Wu Qi, deputy head of Wujiang District, said that he actively supported the construction of Innovaco's wide-bandwidth semiconductor project and created a favorable policy environment for returnees and entrepreneurs to jointly promote the localization of high-end chips. InnoSec CEO Mr. Sun Zaiheng said that he will fully exert his team's ability to integrate international resources, actively introduce advanced technology and international high-end semiconductor talents to Wujiang District, and build Innocore into an international leading semiconductor brand enterprise with world-class standards.

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