Guangdong Hichip responded: We are readjusting and optimizing the overall strategic development plan

Recently, there was news that the Guangdong HiSilicon Integrated Project (12-inch wafer factory project), which has attracted much attention in the market, has been suspended.

According to the "Science and Technology Innovation Board Daily", it was learned from the relevant person in charge of Guangdong HiSilicon Integrated Circuit Co., Ltd. that the HiSilicon project is readjusting and optimizing the overall strategic development plan, and related work is currently being carried out in an orderly manner.

The person in charge also said that in the future, according to the international situation and industry development trends, they will actively strengthen communication and docking with relevant technical parties, funding parties and upstream and downstream industrial chains at home and abroad to re-formulate the project development direction. So far, the Hichip project has not applied for any subsidies or rewards from the government.

According to Tianyancha, HiSilicon was jointly established by Guangzhou Nansha Development and Construction Group Co., Ltd., Shenzhen Xinxin Technology Co., Ltd., Guangzhou Nansha Yunxin Investment Partnership (Limited Partnership), and Rongmei (Guangzhou) Investment Holding Partnership (Limited Partnership). After the project is completed, it is expected to produce power devices, MOSFET, IGBT, digital-analog hybrid, micro-electromechanical, single-chip and other products. After reaching full production, it will have an annual production capacity of 420,000 8-inch chips and 80,000 12-inch chips.

Image source: Tianyancha

On March 18 this year, the Guangdong HiSilicon Integrated Circuit Co., Ltd. held a groundbreaking ceremony for its R&D and production base project. At the same time, Zhang Rujing, the founder of SiEn, also attended the ceremony. With Zhang Rujing's participation in the groundbreaking ceremony, such suspicions emerged again. In response, Zhang Rujing issued a statement that the HiSilicon Integrated Circuit project was initiated by Mr. Chen Yongzheng, the former general manager of Motorola China. Since they were old friends, and Mr. Chen Yongzheng had just returned from overseas and was still in quarantine, he attended the groundbreaking ceremony of Guangzhou HiSilicon Integrated Circuit on his behalf.

Previously, Nansha District of Guangzhou City released the 2020 district key construction project plan, which included 19 digital infrastructure projects, including the HiSilicon China headquarters and integrated circuit R&D and production base project.