Semiconductor market is optimistic about the manufacturers to increase investment in the mainland

Days ago there was news that South Korean ICBC will Hisny (Hynix) and STMicroelectronics (STM) to provide $750 million loan for a period of 5 years.

It is reported that the loan will be used in the construction of the two companies in Wuxi semi pilot plant, the project is expected to total investment of up to $2 billion. Overseas financial analysts believe that, according to the plan to 2008, the mainland semiconductor market will maintain an annual growth rate of over 20%, according to the latest data show that the 8% Asia Pacific semiconductor market growth in July reached $8 billion 200 million, nearly 50% of the global market.

In addition to the investment in the mainland Chinese, STMicroelectronics also plans to be in Europe and the chip test operations to Singapore and an additional $500 million investment, the investment of STMicroelectronics in Singapore more than $3 billion 200 million, the company production capacity accounted for 1/3.

At present, Hisny is the world's second largest semiconductor suppliers, STMicroelectronics is Europe's largest supplier of semiconductors.