Another Major Chinese Microchip Project Grinds to a Halt
Another Major Chinese Microchip Project Grinds to a Halt Guangzhou Haixin Semiconductors, which was launched on March 18, has closed its doors recently. So far, the chipmaker has not provided an explanation. Soon after the company began operating, it was identified by the local government as a key project. With a registered capital of 1 billion yuan (about $153 million), the project had a planned annual capacity of 500,000 chips. Its goal was to manufacture power devices, MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors), IGBTs (Insulated Gate Bipolar Transistors), digital-analog i...
Source: theepochtimes.com