News Column

Shanghai Sinyang Gears Up in 300-millimeter Silicon Wafer

August 15, 2014

SHANGHAI, August 15, SinoCast -- Shanghai Sinyang Semiconductor Materials Co., Ltd. (SZSE: 300236) revealed to put CNY 57.4763 million extra money from three funded projects and interest income and CNY 31.7945 million extra money from IPO financing and interest income into 300-millimeter silicon wafer production as registered capital, which needs a total investment of CNY 1.8 billion from independent financing by the company itself and government and outside investment.

China has been replying on imports for 300-millimeter silicon wafers. Shanghai Sinyang will kick off development and industrialization of high-end silicon wafers and build 300-millimeter silicon wafer base with international advanced level to end the situation.

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Source: Sinocast Computers & Electronics Beat (China)

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