Sanan Optoelectronics recently announced on the evening of December 5 that it plans to establish one or more project companies within Nan'an Park in Quanzhou, Fujian Province. The total investment for these projects is expected to reach 3.33 billion yuan, with an estimated annual sales revenue of around 2.7 billion yuan. This move marks a significant step forward in the company's long-term strategy to expand its production capacity and strengthen its position in the semiconductor industry.
The industrialization projects will focus on high-end GaN LED substrates, epitaxial layers, and chip R&D and manufacturing. Additionally, the company will also develop high-end GaAs LED epitaxy and chip production, as well as high-power GaN laser R&D and manufacturing. Another key area of focus includes the development of optical communication devices, further broadening Sanan's technological footprint in the semiconductor sector.
This expansion reflects Sanan Optoelectronics' commitment to innovation and growth. The company aims to become a globally competitive semiconductor manufacturer, continuously improving its technical capabilities and market presence. With this new investment, Sanan is not only strengthening its domestic operations but also positioning itself to compete on the international stage.
The initiative underscores the company’s vision of driving technological advancement and contributing to the global semiconductor industry. As the demand for advanced optoelectronic components continues to rise, Sanan is well-positioned to meet these challenges and seize new opportunities.
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