Danang Hi-Tech Park Management Board has recently granted a license to Hayward Quartz Technology from the United States to develop a semiconductor factory with a total investment capital of $110 million.
|Hayward Quartz Technology will build a $110 million semiconductor factory in Danang Hi-Tech Park |
Covering an area of 102,200 square metres, Hayward Quartz Technology Inc.'s United States Enterprises project is designed in two phases. The first phase has an area of 61,578 sq.m with capital investment of $66 million. The project is expected to begin construction in the second quarter of 2021 and put it into operation in the second quarter of 2023.
Hayward Quartz Technology is from the Silicon Valley in the US. The company is a leading supplier supporting all major original equipment manufacturers in the semiconductor business segment.
The United States Enterprisesfactory will specialise in producing crystal silicon blocks, assemblies made of silicon, ceramic, quartz, sapphire stone, glass, metal, alloy, nonmetals, plastic polymers, and other semiconductor materials for machinery and equipment manufactured in the semiconductor and electronics industries.
This is the second-largest project by a US investor at Danang Hi-tech Park. The largest project is the Sunshine aerospace components factory developed by the US-based Universal Alloy Corporation Asia Pte., Ltd. (UAC).
So far, Danang Hi-tech Park has attracted 23 projects. They include 11 foreign-invested projects with a total $510.1 million and 12 domestic projects worth VND6.29 trillion ($273.5 million).