Beiyi Semiconductor Power Device Project Started in Yancheng, Jiangsu

On June 26, the Beiyi Semiconductor Power Device Project was officially launched in Yancheng, Jiangsu. The project has a total investment of 1 billion yuan and is an important part of the local electronic information industry chain. The project will be implemented in two phases. After all phases are put into production, the annual output is expected to reach 1.25 million units, with annual sales of 1.5 billion yuan and tax revenue of 120 million yuan.