On June 11, Everlight Smart proudly announced the successful initiation of its FabX project, a significant milestone for the company. With an investment totaling 550 million yuan, this ambitious project endeavors to establish a state-of-the-art 3-inch production line dedicated to manufacturing semiconductor high-speed communication optical chips. The production line is designed to achieve an annual output capacity of 50 million units, supported by advanced R&D and comprehensive testing facilities.