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State-Owned Unigroup to Build Memory Chip Plant in Chongqing

By Zhang Erchi and Tang Ziyi / Aug 28, 2019 01:23 PM / Business & Tech

Photo: VCG

Photo: VCG

State-owned chipmaker Tsinghua Unigroup Ltd. on Tuesday signed a deal with the Chongqing municipal government to build a memory chip design and manufacturing facility in the southwestern Chinese city.

The facility, which will focus on making DRAM—one of two types of memory chips — will include a factory, a science park and a research and development center. The factory, which will mainly produce 12-inch DRAM, is expected to begin production in 2021, the company said.

The move is part of Unigroup’s ambition to become a world-class semiconductor player. The manufacture of DRAM and NAND — the other major memory chip type — is currently dominated by the likes of South Korea’s Samsung and Hynix, as well as U.S. giant Micron.

As part of the agreement, the headquarters of Unigroup’s new memory chip-focused business group will be set up in Chongqing. The company last month announced the formation of an internal business group for developing DRAM.

Read the full story on Caixin Global later today.

Contact reporter Tang Ziyi (ziyitang@caixin.com)

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