A total investment of 28.8 billion, 14 key projects landed signing.

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(Source: Shanghai Lingang)

Shanghai Lingang news shows that the integrated circuit is the new Lingang area with the largest investment scale, the highest degree of industrial agglomeration, the fastest-growing output value of the pilot industry, the industry scale from less than 1 billion yuan in 2019 to 2024 is expected to exceed 40 billion yuan, and the next three years of the total industrial scale target to strive to achieve 80 billion yuan. Since the listing of ‘Oriental Core Port’, 174 IC projects have been signed, with a total contracted investment of more than 270 billion yuan, covering various fields such as chip design, manufacturing, materials, equipment, sealing and testing, core components and so on. At present, there are more than 300 IC enterprises in the area, and with the emergence of the cluster effect, there are more than 50 new IC projects every year.

Lingang Group released the Report on the Development of Integrated Circuit Industry in Lingang New Area. At present, 56 high-tech enterprises, 43 small and medium-sized enterprises (SMEs), 15 ‘small giants’ enterprises, and 24 enterprise technology centers have been established in the IC field in the new area.

Bank of China Shanghai Branch released ‘Bank of China Shanghai Branch to support the Shanghai integrated circuit industry chain high-quality development programme’, the next five years will be invested in 100 billion yuan of special credit resources to help industrial development.

At the meeting, the ‘Oriental Core Port - Excellence Award’ was presented to recognise the influential leaders who have dedicated their lives to China's semiconductor industry. They are: Zhang Rujing, founder of SMIC, executive director of Shanghai Sektar Semiconductor Co., Ltd. and president of Sektar Academy, and Yin Zhiyao, founder, chairman and general manager of SMIC.

In addition, the Shanghai Lingang news pointed out that in the next five years, the new area will support the landing enterprises to grow bigger and stronger in niche areas through industrial funds, collaborative purchasing, etc. At the same time, it will make use of the policy advantages to attract the upstream and downstream enterprises of integrated circuits to carry out collaborative research and development in Lingang; continue to improve the industrial ecology to build a double 10 billion wide-band semiconductor with the scale of equipment, materials, and wafer fabrication exceeding 10 billion, and the scale of module devices exceeding 10 billion Industrial base; focus on force, make up for short boards, attract global talents to overcome technical difficulties, gather 500 domestic and foreign influential IC enterprises, to create a 100 billion IC industry cluster.

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