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Nanfang Plus: IC industry gains great momentum in Huangpu

Updated : 2020-12-01

The development of the integrated circuit (IC) industry has gained great momentum in Guangzhou's district.

Construction of the manufacturing materials zone of the IC Industrial Park began in China-Singapore Guangzhou Knowledge City (CSGKC) on Nov 28, with an investment of more than 3 billion yuan ($457.08 million).

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Construction of the manufacturing materials zone of the IC Industrial Park begins in CSGKC on Nov 28.

Five major semiconductor and IC projects, which feature a total investment of about 12.5 billion yuan, signed agreements to settle in Huangpu on the same day. They included Skyverse, a leading IC optical detection equipment manufacturer, Ferrote, a global semiconductor materials giant, as well as Guangdong Hinno-Tech, one of a few domestic private enterprises that integrate the R&D, production, and sales of semiconductor carrier plates.

Xing Cheng Capital and Bund Capital were among the five investment agencies that favor the hard technology sector, such as the IC, digital economy, and artificial intelligence industries, to sign the agreement with Huangpu to set up a dedicated industrial fund of more than 10 billion yuan.

Moreover, the plaque for a postdoctoral scientific research workstation of CSGKC Management Committee was unveiled to advance local innovation capability and deepen industry-university-research integration. It is the first postdoctoral scientific research workstation in Guangdong approved by the Ministry of Human Resources and Social Security and the National Post-Doctoral Regulatory Commission for an industrial park. 


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