According to Chinese local media reports, yesterday, China’s power semiconductor device manufacturer Silan Microelectronics announced a new expansion plan.

According to a announcement issued by Silan, it plans to invest bout $210 million in the next five years to expand its 8-inch integrated circuit chip production line. According to the plan, the expansion will be carried out in two phases. Among them, the first phase plans to invest about $84 million, reaching an annual production capacity of 180,000 8-inch chips. The second phase plans to invest about $126 million to reach an annual production capacity of 252,000 8-inch chips.

Regarding Silan’s position in China’s power Semiconductor device market, an industry source said that Silan is the number one manufacturer of power devices in China. He pointed out that Silan has a very wide product line and its IPM products have even been adopted by well-known electronics manufacturers.

According to the latest financial report released by Silan, relying on the stable 5-inch, 6-inch, and 8-inch chip production lines, Silan has established a new product and new process technology research and development team to ensure the diversity of the company’s product range. In addition, it also supports the research and development of the company’s power management circuits, power modules, power devices, MEMS sensors and other products.

According to the announcement, in the first half of 2019, Silan’s IPM power module products have a certain market share in China’s household appliances, industrial inverters and other markets. This expansion plan will further expand the company’s leading position in power semiconductor devices.