On the afternoon of June 18, the project of large diameter semiconductor silicon component expansion of Ningxia（Ferrotec） quartz material Co., Ltd. officially signed Yinchuan economic development zone. The successful signing of the contract has injected a new force into Ferrotec (China) group, which makes the group's semiconductor new material industry scale expand, and accelerate the development of new materials industry in the economic development zone to the direction of high-end, intelligent and cluster.

    Semiconductor materials, as an important pillar of integrated circuit industry, are the engines to promote industrial technological innovation. With the development of the tide of self-sufficiency in the integrated circuit industry, the new wafer factory is like a springing up, especially large-scale silicon wafer. As an important part of the integrated circuit industry chain, the project of "expansion of large diameter semiconductor silicon components" of Ningxia（Ferrotec） quartz material Co., Ltd. will form the capacity of 80000 large-diameter semiconductor silicon component materials annually after completion, and the annual output value is expected to reach 800million yuan after the completion.

"The investment in big projects is not a rush of effort, but based on the good cooperation foundation and strong support from the management committee established by our and Yinchuan since 2016," said hexianhan, chairman of Ferrotec (China) board of directors. As a global large-scale silicon component sales enterprise, we have expanded and invested in the large-diameter semiconductor silicon parts in Yinchuan economic development zone. Besides the huge potential of the project itself, Yinchuan has become our main production base, and the new material industry will also form a high concentration here, providing more possibilities for the future development of the enterprise, Contribute new forces to the construction of "100 billion parks."

Mai Xinfu, deputy secretary of the Party Working Committee and director of the Management Committee of Yinchuan economic and Development Zone, said that the signed silicon component project will further extend the new material industry chain of the economic development zone, attract more industrial projects to accelerate the agglomeration to the economic development zone, and play an active role in the transformation and upgrading of the industrial structure of the economic and Technological Development Zone. At the same time, entrepreneurs can also take advantage of Ningxia's support for the development of new material industry, give full play to the advantages of technology and resources, and lay more high-quality projects in economic development zone to achieve win-win situation. The economic development zone will continue to uphold the concept of "focusing on business, business related and respecting business", and continue to do a good job in service as always, create an efficient and high-quality development environment for the enterprise, and strive for the project to be put into operation as soon as possible and achieve efficiency.

From the blueprint to the signing of the project, Ferrotec (China) group's industrial layout has been deepening, further consolidating the group's pivotal position in the semiconductor industry chain, further strengthening the cooperation between government and enterprise, making a contribution to the horizontal development of regional industries and laying a good foundation for the future to work together to compose a new chapter.