SDIC Venture Capital has recently completed its investment in Guangzhou CanSemi Technology Inc., a domestic leading manufacturer of 12 inch wafer. The investment is expected to quicken the pace of its second phase wafer production line.

SDIC Venture Capital is a fund management company founded by SDIC in 2016 and currently manages total assets worth 14 billion RMB yuan.

Guangzhou CanSemi Technology Inc, also known as CanSemi, is a major player in the domestic integrated circuit industry. Guangdong, the country’s economy powerhouse, plans to develop the South China province into a third pillar of the country’s integrated circuit industry. At present, CanSemi is the only enterprise capable of mass production of 12 inch wafer in the Greater Bay Area of Guangdong, Hong Kong and Macao.

CanSemi focuses on analogic technology, starting from consumer chip manufacturing, and gradually upgrading into the field of industrial electronics,forming a differentiated competitive advantage in the field of automotive electronics. Having adopted the customized foundry business mode, CanSemi strives to meet the needs for domestically-manufactured chips from the home market while aiming to make a breakthrough in the specific segmented market of high-end analogic chipsthrough differentiated development.

CanSemi project has two phases and occupies a land area of 140,000 square meters. The first phase of the project focuses on 180-90nm process while the second phase targets at 55nm process. When the second phase of the project is completed, it will be able to manufacture nearly 80,000 wafers per month.

According to information from cansemitech.com, 37 billion RMB yuan has been invested in the CanSemi Project,and CanSemi’s technology process focuses on 22nm to 0.18um.

According to IDC statistics, China's analogic chip market is approximately 36% of the global US$19.4 billion market.Statistics from the China Semiconductor Association indicates that total business revenue of China's analogic integrated circuit companies was about 16.3 billion RMB yuan in 2020,but the self-sufficiency rate was only about 12%. There is still spacious room for further development of the industry in China.

SDIC Venture Capital has drafted an overall investment plan in the semiconductor industry, ranging from equipment, materials to design. The investment in CanSemi is a major step of SDIC Venture Capital in the integrated circuit manufacturing industry. In the future, SDIC Venture Capital will make use of its advantages in investment management and full chain of the semiconductor industry to support CanSemi to become a leading manufacturer of the analogic chip sector in the country.