Zhejiang Huzhou Nantaihu New District signs an agreement to produce 2 billion automotive-grade chips per year

In May, the Management Committee of the Nan Taihu New District in Huzhou, Zhejiang, and Anhui Yuanxin Microelectronics Co., Ltd. signed a cooperation agreement to establish an intelligent manufacturing base with an annual output of 2 billion automotive-grade chips and a SiC automotive-grade chip research institute in the local area. After full production, the annual output value will be about 1.8 billion yuan.