Sai Microelectronics Inc(300456) (300456) announced on January 3 that the company signed the cooperation framework agreement with the Management Committee of Hefei high tech Zone. It plans to invest in the construction of a 12 inch MEMS manufacturing line project in Hefei high tech Zone, with a total investment of 5.1 billion yuan. It plans to build a 12 inch MEMS production line with a design capacity of 20000 pieces / month, and it is expected to realize an annual income of about 3 billion yuan after completion.
(Securities Times)
