New China-Korea semiconductor industrial complex starts construction amid Beijing’s push for tech self-reliance

//New China-Korea semiconductor industrial complex starts construction amid Beijing’s push for tech self-reliance

New China-Korea semiconductor industrial complex starts construction amid Beijing’s push for tech self-reliance

The municipal government of Wuxi, a city in eastern Jiangsu province, has partnered with South Korean memory chip giant SK Hynix to develop the China-Korea Integrated Circuit Industrial Park amid Beijing’s push to develop an advanced and self-sufficient semiconductor supply chain in the country.Construction has started on the new industrial park with a total investment of 2 billion yuan (US$310 million), according to the Wuxi government’s announcement on Thursday. There were no details about…

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By | 2021-10-08T13:30:20+00:00 October 8th, 2021|Business|Comments Off on New China-Korea semiconductor industrial complex starts construction amid Beijing’s push for tech self-reliance