Monday, October 14, 2019
News
NEWS HOME
»
PRN INDIA
Hangzhou's IC projects attract RMB 163 million investments in Q1, up 24.1 pct year-on-year
  SocialTwist Tell-a-Friend  
   

HANGZHOU, China, May 16, 2019 /PRNewswire/ -- The integrated circuit (IC) projects of Hangzhou, capital of east China's Zhejiang province, has attracted 163 million yuan of investments in the first quarter of this year, up 24.1 percent year-on-year, according to data released recently by the Hangzhou Investment Promotion Bureau.

IC sector has become a pillar of Hangzhou's electronic information industry, earning 19.1 billion yuan of revenue in 2018.

As one of China's IC design hubs, Hangzhou is home to 122 IC enterprises, including many market leaders.

For example, Hangzhou C-SKY Microsystems Co., Ltd., the sole provider of China's home-grown 32-bit embedded CPU, started its business in Hangzhou in 2001 and  its products received representative achievements of the national project concerning electronic devices, chips and basic software products.

The city has gathered IC design enterprises such as Hangzhou Silan Microelectronics, a leading integrated device manufacturer (IDM) in China, Sage Microelectronics whose Bridge series rank third globally in terms of shipment, and Hangzhou ZhongKe Microelectronics whose chips provide support for the Beidou Navigation Satellite System.

Meanwhile, Hangzhou has been increasingly attractive to scientific and technological talents. Data showed that the city's net inflow rate of such talents in 2018 stood at 12.6 percent, higher than the 2.07 percent of Shanghai and 0.24 percent of Beijing.

These accomplishments could be attributed to measures adopted by the city to foster an innovative and friendly environment for IC industry growth.

In January 2018, Hangzhou announced the establishment of the Qingshan Lake Micro-Nano Smart Manufacturing Town, which focuses on intelligent sensors and chips' design, R&D, testing and packaging and application integration of intelligent sensors. The town has attracted investments of 7.92 billion yuan in 26 micro-nano projects as of today.

To give full play to the role of IC industry in information economy, Hangzhou rolled out special policies in July 2018 for promoting related projects and arranging special funds for IC enterprises.

Hangzhou's IC industry covers design, manufacturing, packaging and test, materials, devices and other areas in the whole industrial chain. It tops Chinese cities in terms of design for embedded CPU, microwave and millimeter-wave IC, digital audio and video, said an official of the Hangzhou Investment Promotion Bureau, adding that the bureau will continue propelling the development of the IC industry in partnership with relevant institutions and enterprises.  

More News by PR Newswire India

Bali Zoo Celebrated Tumpek Kandang Ritual for all its Resident Faunas

Nitin Mantri Becomes ICCO President

DMCC Awarded 'Global Free Zone of the Year' for a Record Fifth Consecutive Year

Apex Professional University Signed MoU with Life Science Sector Skill Development Council

Find TVU Networks at Broadcast India 2019

UAE and UNESCO Renew Partnership, Extending Efforts to Restore Historic Churches in Mosul

Over 70,000 Visitors, SR2m Falcon Sales on First Day of Riyadh Exhibition

The First Huion Tablet of Inspiroy Dial Series, Q620M was Unveiled at Hong Kong Electronics Fair

ZEISS showcases next-level eye care digitalization at AAO 2019

On Your Marks: 2019 Xi'an Yango International Marathon Starts 20 October

Autodesk Fusion 360 Tools Enable Social Hardware to Advance Design of Prosthetics

Bionik Gold Knee- A New Lease of Life for Young Arthritis Patients

Joy Forum19 to boost Saudi entertainment sector

UAE and UNESCO Renew Partnership, Extending Efforts to Restore Historic Churches in Mosul

Over 70,000 Visitors, SR2m Falcon Sales on First Day of Riyadh Exhibition

The First Huion Tablet of Inspiroy Dial Series, Q620M was Unveiled at Hong Kong Electronics Fair

ZEISS showcases next-level eye care digitalization at AAO 2019

On Your Marks: 2019 Xi'an Yango International Marathon Starts 20 October

Autodesk Fusion 360 Tools Enable Social Hardware to Advance Design of Prosthetics

Bionik Gold Knee- A New Lease of Life for Young Arthritis Patients

Joy Forum19 to boost Saudi entertainment sector

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Sourav Ganguly set to be new BCCI Presid...
UP: Man dies in road mishap in Meerut...
Ancient stories of brotherhood, Manipur ...
Telangana: Another RTC employee commits ...
Mangaluru's Apeksha Kottary enters India...
J-K: Postpaid mobile services to be func...
More...    
 
 Top Stories
Acting is David Harbour's life... 
Third ODI: India women wins toss ag... 
INX media case: Chidambaram to be p... 
Amit Shah and Rahul Gandhi to addre... 
Jennifer Aniston says Marvel movies... 
Mumbai: Woman stabbed to death foll... 
Delhi HC to hear bail plea of DK Sh... 
Derek O'Brien mocks BJP over claim ...