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The first batch of key projects in the Shanghai Lingang New Area commenced Thursday, with a total investment of approximately 13.6 billion yuan (about $2 billion USD). Among the notable projects is Yipu Semiconductor, which focuses on advanced 2.5D to 3D packaging technologies. With an investment of 3.6 billion yuan (approximately $520 million USD), Yipu aims to "build towers for chips," a technique that maximizes functionality within a minimal spatial footprint. This innovation holds significant potential for artificial intelligence and high-performance computing, positioning the company at the forefront of global tech competition. Li Wenqi, Deputy General Manager of Operations at Shanghai Yipu Semiconductor Co., Ltd., stated, "Within a package the size of a stamp, we have integrated more than 30 chip cores, providing unmatched advantages in terms of size, packaging efficiency, computational speed, bandwidth, and power consumption. We can rapidly achieve large-scale production, which will accelerate our progress in catching up with international standards in technology and production scale." Additionally, Yuanchuang Kexin Semiconductor is investing 5 billion yuan (around $720 million USD) to establish a production base for core components of semiconductor equipment. If lithography and etching machines are regarded as specialized robots, then the products from the Lingang base will serve as their "brains and nerves," encompassing sensory, motion, and precision control systems. Yu Shuting, Director of Shanghai Yuanchuangyuanchip Semiconductor Co., Ltd., emphasized, "The semiconductor industry's primary bottleneck lies in equipment, which in turn is constrained by key components. Establishing this production base will not only tackle technological hurdles but also secure the supply of core components for China's mass production. It is projected to eventually account for 10% to 30% of global capacity." Since its establishment in 2019, the integrated circuit (IC) sector in Shanghai Lingang has experienced rapid growth, with its industrial output value projected to reach 35 billion yuan (approximately $5 billion USD) by 2025, doubling annually. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What's up today in Shanghai, the most updated news of the city • Плейлист ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them • Amazing Shanghai and China 淘宝魔都玩转中国 ■ What Chinese people's lives are like during the post COVID-19 period • COVID-19 新冠疫情 ■ Views of foreign scholars on China and its affairs • Voices, Let's Listen! 听她他说 ■ Foreign faces in Shanghai, people living in this city sharing their true feelings • Плейлист ■ Mini-docs showing why China is the country it is today • Stories & Documentary 奇闻逸事记录中国 __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!