GigaDevice cooperation with Hefei investment company research and development of DRAM

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Date: 2017-10-31

Announced on Friday, GigaDevice innovation and hefei industrial investment holding (group) co., LTD. Signed on the storage of r&d project cooperation agreement, will undertake 19 nm process technology of memory (DRAM) research and development project, the budget is about 18 billion yuan, the goal is in the research and development success on December 31, 2018.


Needed for the project investment by GigaDevice innovation and hefei company according to the proportion of 1:4 responsible for raising, investment way including but not limited to, directly or indirectly, by both parties or equity investment by itself or to specify provide loan implementation main body.Capacity in the future, project development and production of DRAM GigaDevice priority for mega innovation such as sales and meet their customers' demand, as well as the priority to undertake the DRAM products OEM requirements.


GigaDevice innovation also issued three quarterly reports in 2017, business income is 1.517 billion yuan, up 44.69%;Net income of 339 million yuan, up 134.7402% from a year earlier.October 30, in early trading, mega easy innovation board harden a word (before today open 148.64, 135.13, or 10%).



Increase in recent years, the state of the storage industry of construction, and strengthening information security for data storage, industrial policies and support for the new project investment continues to heat up.From the state government releases the national integrated circuit industry development to promote outline, to the core national big fund/China investment has more than 50 projects, more than 40 companies, the pace of China's integrated circuit industry forward is underway.


In order to response to the call of national policy, and to speed up the localization of memory chips.GigaDevice innovation has plans to acquire the main DRAM, SRAM memory chip manufacturers such as ISSI, DRAM market.On August 3, but late GigaDevice innovation announced the termination of the purchase ISSI, backfire.Now sign easy to innovation and cooperative r&d investment company hefei 19 nm process technology of storage, incoming DRAM market again.



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