recently syc, a subsidiary of ceedi officially signed the epc contract with cansemi for the 12-inch integrated circuit chip project. the project is located in the sino-singapore guangzhou knowledge city in huangpu district. the total investment is planned to be 7 billion rmb yuan, and the investment in the phase i is 4.4 billion rmb yuan.
the pearl river delta region is an important production base for electronic machines in china. this project will be the first 12-inch integrated circuit chip production line in guangzhou and create the largest integrated circuit industry ecosystem in south china.