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Zhangjiagang's semiconductor industrial park opens new phase with projects worth 1.2b yuan

LMS
chinadaily.com.cn|April 30, 2024

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The opening ceremony of the fourth phase of the Pan-Semiconductor Industrial Park in Zhangjiagang Free Trade Zone is held. [Photo/WeChat account: zhangjiagangfabu365]

On April 25, the opening ceremony of the fourth phase of the Pan-Semiconductor Industrial Park in Zhangjiagang Free Trade Zone took place, featuring the signing, groundbreaking, and start of operation of 18 high-quality projects with a total investment of 1.2 billion yuan ($165.7 million).

The Pan-Semiconductor Industrial Park focuses on the incubation and acceleration of projects related to semiconductor manufacturing materials, packaging materials, and devices. The first three phases span 53,000 square meters and have an occupancy rate exceeding 90 percent, forming a full chain from incubation to testing and industrialization. Leading projects of companies such as Multi-dimension Technology and Fineset Material Technology have successfully transitioned from laboratory to production line within the park.

The fourth phase spans 69,000 square meters, with an occupancy rate of nearly 70 percent at the time of opening.

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The Suzhou Photon Industrial Park is unveiled during the ceremony. [Photo/WeChat account: zhangjiagangfabu365]

In recent years, Zhangjiagang has been actively developing its semiconductor industry, forming an innovation cluster focusing on magnetic sensing, compound semiconductors, and power semiconductors. The opening of the park's fourth phase further solidifies the city's role in the semiconductor industry, fostering innovation and attracting top-tier projects.

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An award ceremony for companies expected to become unicorns in the semiconductor industry in the Zhangjiagang Free Trade Zone is held. [Photo/WeChat account: zhangjiagangfabu365]