During the institutional performance exchange event held on June 9, Shanghai HHGrace made an announcement regarding the formation of a joint venture. This new entity will specifically target the SOI wafer market. The plan is to develop a 12-inch SOI wafer production line in three distinct phases, ultimately aiming for an annual production capacity of 216,000 wafers in the long run. This strategic move is designed to expedite the domestic substitution process for high-end semiconductor wafers.
