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Capital Steel to Construct Micro-Electronic Base in 10 Years
Two 8-inch chip production lines, part of the micro-electronic base invested by Capital Steel (Shougang), with up-to-date technology introduced, initiating the construction of Badachu Park, formally kicked off construction on December 20 at Capital Steel in Beijing.
Since last year, Capital Steel carried out a restructuring of production by developing such technology-oriented non-steel manufacturing production lines as of chips, computer, robots, automobile equipment and especially large-storage CD.
In the first half of this year, non-steel profits for the first time exceeded those from steel and iron in Capital Steel Group. By its current 6-inch production line it will have a double output coming year, or a monthly average of some 30 thousand chips. Another four to six production lines will be set up in 2004 and 2006, with each to have a production capacity of 20 to 30 thousand chips per month. Capital Steel has planned to invest US $10 billion within next 10 years to build six to eight 8-inch or 12-inch production lines for a monthly yield of 240 to 300 thousand chips and a factory for encapsulating and testing. To be in brief, Capital Steel will have a micro-electronics base as the largest in north China.
The above two product lines will be respectively put into operation in the second half of 2002 and 2003.
By PD Online Staff Yin Zhili
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