News

Leading electronic components distributor excited for new opportunities as Chinese IC maker, Runpeng Semiconductor, begins construction on its new 12-inch wafer production plant in Shenzhen. The project, jointly invested by a Shenzhen state-owned assets management firm and China’s leading foundry and IDM CR Micro, will focus on the analog IC of characteristic processes above 40 nanometers. Its products are mainly used in automotive electronics, new energy, industrial control, consumer electronics, and other fields.

The completion of the project will give full play to the advantages of China’s leading semiconductor maker CR Micro’s business model, drive the cooperation and connection of the upstream and downstream industries, and help the development of the manufacturing industry in the Guangdong-Hong Kong-Macao Greater Bay Area, according to Runpeng Semiconductor. The project is expected to be in production by the end of 2024, with a full annual capacity of 480,000 12-inch wafers for power chips.

As a leading electronic components distributor, the company is excited about the new opportunities that the completion of the project will bring, particularly in the fields of automotive electronics, new energy, industrial control, and consumer electronics. With the increasing demand for high-quality, reliable electronic components, this new production plant will provide an additional source of quality products for the distributor's customers.

The distributor will continue to closely monitor the developments of the project and looks forward to building a strong and mutually beneficial relationship with Runpeng Semiconductor in the future.