The $2.2 billion integrated circuit industrialization project of GalaxyCore has launched in Lingang New Area
On March 5, 2020, GalaxyCore (HongKong) Limited (hereinafter referred to as "GalaxyCore") signed a cooperation agreement with the management committee of Lingang New Area of China (Shanghai) Free Trade Pilot Zone. GalaxyCore plans to invest in the R&D and industrialization of the featured technology of 12-inch CIS integrated circuit in the Lingang New Area. With an estimated investment of $2.2 billion, the project will be launched in mid-2020.
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