Huzhou, Zhejiang introduces 1 billion SiC project

Recently, Zhejiang Huzhou Nantaihu Science and Technology Investment Group and Yuanxin Microelectronics successfully signed an investment agreement for the SiC project, with a total investment of 1 billion yuan. The project aims to establish a production base with an annual output of 2 billion automotive-grade chips and a silicon carbide automotive-grade chip research institute. It is expected that after all are put into production, the annual output value will reach about 1.8 billion yuan.