Chinese LED developer HC Semitek has announced it will invest CNY10.8 billion ($1.7 billion) to build a new semiconductor and device centre at the Yiwu Information Optoelectronic High-Tech Industrial Park. The scope of the project encompasses LED wafers and chips, sapphire substrates, UV LED, infrared LED, MicroLED, MEM sensors, VCSELs, GaN lasers and GaN-based power electronic devices.
The project is expected to complete by 2025.
