25GW! Gaoce Tech to Launch Large-Size Silicon Wafer Project in Sichuan Province of China

PVTIME – Qingdao Gaoce Technology Co., Ltd. (688556.SH) (hereinafter referred to as Gaoce Tech), a company specialising in the R&D, production and sales of cutting equipment for hard and brittle materials and cutting tools, recently announced that it intends to increase its production capacity by 25GW with a total investment of 1 billion yuan.

This is the first part of a wafer project with a total production capacity of 50GW of large-size silicon wafers signed between the company and the Management Committee of Yibin High-Tech Industrial Park, Sichuan Province, China. A new wholly-owned subsidiary will be established to invest, manage and operate the project in the city, with the first phase expected to reach production in the first half of 2024.

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