Zhuhai Yiyuan Semiconductor Materials Project Commences with $14 Billion Investment
Recently, the Yiyuan Semiconductor Materials Industry Base Project (hereinafter referred to as the "Yiyuan Semiconductor Project") has officially broken ground in Zhuhai. According to "Zhuhai Jinwan," the total investment for the project is approximately 100 billion yuan ($14 billion). The project is incubated by the business unit of the Essie Group's ecological chain development and is led strategically by Huafa Group, aiming to build a globally competitive semiconductor materials industry base.
Recently, the Yiyuan Semiconductor Materials Industry Base Project (hereinafter referred to as the "Yiyuan Semiconductor Project") has officially broken ground in Zhuhai. According to "Zhuhai Jinwan," the total investment for the project is approximately 100 billion yuan ($14 billion). The project is incubated by the business unit of the Essie Group's ecological chain development and is led strategically by Huafa Group, aiming to build a globally competitive semiconductor materials industry base.
The project focuses on the upstream of the semiconductor supply chain, specifically advanced materials production. The core products include synthetic quartz components and silicon carbide power module substrates, which are critical materials in semiconductor manufacturing. The project will cover approximately 267 acres and is planned to be constructed in two phases. Phase one is expected to be completed and enter production by February 2026, creating employment for over 1,000 people.
Guangdong is currently focusing on building the "third pole" of China's integrated circuit industry, and Zhuhai, as one of the three core regions in Guangdong's semiconductor landscape, is striving to achieve a trillion-yuan semiconductor industrial cluster.
Zhuhai is one of the earliest cities in China to develop an integrated circuit industry, and in recent years, the city's IC industry revenue has seen consistent growth. In 2022, the revenue of the city's IC industry reached 13.27 billion yuan, representing a 5.43% year-on-year increase. In 2023, the revenue grew to 15.92 billion yuan, marking an 8.52% increase, while in the first half of 2024, the output value of Zhuhai's IC industry saw a 34.9% year-on-year increase, making it one of the most prominent sectors among the city's strategic emerging industries.
In addition to the 100 billion yuan Yiyuan Semiconductor Project, Zhuhai has attracted several other major projects, such as the GCT GaAs Wafer Production Base. According to previous statistics by Global Semiconductor Observation, over 30 semiconductor and IC-related projects were included in Zhuhai's key construction plans for 2024, including ongoing, newly launched, or expanding projects. These projects include the Maiwei Technology Zhuhai Semiconductor Equipment Industrial Park (2.1 billion yuan), the Botai Semiconductor Industrial Park (1.5 billion yuan), the Rongda Photosensitive Lithography and Supporting Chemicals New Construction Project, and the Zhuhai Yuexin Semiconductor High-End RF and FCBGA Substrate Manufacturing Project.
To further promote the development of the integrated circuit industry, the Zhuhai Municipal Government issued a series of policies in August aimed at supporting the semiconductor sector. These policies include differentiated support measures for design and manufacturing sectors, funding for advanced processes and automotive-grade chips, subsidies for tackling core and critical technologies, and initiatives to support high-end industry development, drive independent innovation, and promote the coordinated development of industries across Qinzhu and Macau.
