Xi'an ESWIN Material Technology Co, in collaboration with Optics Valley Financial Holding Group, is set to establish a silicon materials base in the Wuhan East Lake High-tech Development Zone (Optics Valley of China, or OVC) in Wuhan, Hubei province.

This project not only represents the largest silicon materials project in Hubei province but also marks a strategic advancement for Wuhan in the critical field of semiconductor foundational materials.

Spanning approximately 310 mu (21 hectares), the project involves a planned investment of around 12.5 billion yuan ($1.77 billion). According to the agreement, the two parties will leverage OVC's industrial cluster advantages and Xi'an ESWIN's core technologies to focus on the production of 12-inch (300mm) silicon single crystal polished wafers and epitaxial wafers for advanced integrated circuit processes. Once completed, the facility is expected to achieve a production capacity of over 500,000 wafers per month.

Xi'an ESWIN stated that this project will help expand its existing capacity, serving clients in the Central China region while also reaching customers throughout the Yangtze River Delta and Pearl River Delta areas. This will cement the company's leading domestic position and further enhance its international competitiveness.

Industry experts suggest that this project is likely to attract semiconductor equipment, chip design, and manufacturing enterprises, accelerating their clustering in OVC. This development will form a more complete and robust semiconductor industry ecosystem in Wuhan, thus elevating OVC's critical role in the national integrated circuit industry layout.