Foxconn to invest US$383 million to build a PCB factory in Vietnam

❶ Foxconn will invest US$383 million to build a PCB factory in Vietnam

On June 25, Foxconn Singapore has obtained permission to invest US$383 million in Vietnam to build a factory to produce printed circuit boards (PCBs). The factory, located in Bac Ninh Province in northern Vietnam, will produce 2.79 million products per year. Foxconn is the world's largest contract electronics manufacturer and assembler. Since first entering the Southeast Asian country in the 2000s, Foxconn has invested more than US$3.2 billion in Vietnam, with most of its manufacturing plants located in Bac Ninh and Bac Giang. In June this year, media reported that Foxconn would produce 5G AirScale equipment for Nokia in Bac Giang.

❷Xingan Technology's 6-inch silicon-based semiconductor chip project is expected to be fully operational by the end of the year

According to Wuxi High-tech Zone Online, Wuxi Municipal Party Committee Secretary Du Xiaogang led the main responsible comrades of various regions and municipal departments to Jiangyin, and spent a day to inspect the progress of project construction, and held a meeting to listen to the construction of major industrial projects with a total investment of more than 1 billion yuan in the past two years, and to study and deploy current work. The Lidian Phase V project, with a total investment of more than 10 billion yuan, plans to build two 1,000MW high-efficiency and clean coal-fired power generation units. Compared with the first phase units, each 1 billion kWh of electricity generated can reduce carbon dioxide emissions by about 144,000 tons, and the unit power supply carbon emission intensity will drop by 18.4%. After completion and commissioning, it can provide about 8.8 billion kWh of electricity to the society each year.

❸With a total scale of 50 billion yuan, Jiangsu Province's strategic emerging industry mother fund has started operation

On June 21, the Jiangsu Province Strategic Emerging Industry Mother Fund was launched and the first batch of industry special funds were established. It is reported that the total scale of Jiangsu Province's Strategic Emerging Industry Mother Fund is 50 billion yuan. It cooperates with cities and provincial enterprises to establish three types of industry special funds, namely the Future Industry Angel Fund, the City Industry Special Mother Fund, and the Provincial Enterprise Industry Special Fund. Among them, the industry special fund will further attract industrial capital, social capital, insurance funds, social security funds, etc. to cooperate and establish a series of industry sub-funds, forming a three-tier fund structure of provincial mother funds-industry special funds-industry sub-funds.

❹Synopsys Launches Industry's First PCIe 7.0 IP Solution to Accelerate Chip Design in the Tera-scale Field

Synopsys announced on June 24 the launch of the industry's first complete PCIe 7.0 IP solution, including controllers, IDE security modules, PHY, and verification IP. This solution can help chip manufacturers meet the stringent bandwidth and latency requirements of compute-intensive AI workloads when transmitting massive amounts of data, while supporting broad ecosystem interoperability.