Guangzhou and South Korea's STI sign 1.79 billion dollar semiconductor deal
South Korean firm STI will invest 1.79 billion dollars in a Guangzhou semiconductor base. Work begins this month with production expected by the end of 2026.
Insights:
The Guangzhou district government of Baiyun District has signed a 12.4 billion yuan investment agreement with South Korea 
KR semiconductor manufacturer STI Co., Ltd. to build a power semiconductor manufacturing base. This project represents a sizable cross-border investment that will establish large-scale local manufacturing capacity in China 
CN for components used in electric vehicle and power semiconductor supply chains.
KR semiconductor manufacturer STI Co., Ltd. to build a power semiconductor manufacturing base. This project represents a sizable cross-border investment that will establish large-scale local manufacturing capacity in China CN for components used in electric vehicle and power semiconductor supply chains.The manufacturing base, located in Baiyun District, will focus on the production of AMB ceramic substrates. These substrates are widely used in industries such as electric vehicles and are essential to the power semiconductor sector. The total investment of 12.4 billion yuan underscores the scale of the project and its importance to the regional industrial landscape.
