On August 28, a signing ceremony for major projects in Ningbo Hangzhou Bay New Area was held at Ningbo Administrative Conference Center.
A total of 15 projects were signed with a total investment of 25.53 billion yuan.
The deep ultraviolet series of projects signed this time include deep ultraviolet LED semiconductor device projects, LED epitaxy and packaging projects, and LED application product R&D and production projects. Among them, the semiconductor device project has a total investment of 660 million yuan, and plans to build 10 epitaxy and chip production lines and 15 packaging lines, forming an annual production capacity of 100,000 2-inch deep ultraviolet epitaxy, chips and 180 million lamp beads.
In addition, SAIC Volkswagen and Ningbo Hangzhou Bay New Area have once again started in-depth cooperation. SAIC Volkswagen will arrange more than 10 billion yuan for equipment investment. Relying on intelligent manufacturing and digital transformation and upgrading, it will continuously improve the intelligence level of the Ningbo factory and put into production a number of models with advanced intelligent networking functions, including high-end brands.
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