Construction of National Memory Base moves to new stage
Installation work on chip production machines for the National Memory Base in Wuhan East Lake High-tech Development Zone (Optics Valley of China) started on April 4.
The start of this stage means that the project has entered the preparatory phase for mass production.
China's first batch of independently-developed 32-layer three-dimensional NAND flash memory chips will be produced in volume this year.
The chip, which cost $1 billion and was independently developed by a team of 1,000 people over two years, is currently China's most advanced chip.
Located at Future City in Optics Valley of China, the National Memory Base is of great significance in developing the country’s integrated circuit memory chip industry and ensuring national information security.
After completion of the project (phase 1), the total production capacity will reach 300,000 chips per month, with annual output value of over $10 billion.
At present, Optics Valley of China is home to more than 100 integrated circuit companies, which achieved combined revenues of 13.5 billion yuan ($2.15 billion) in 2017, and employed nearly 10,000 staff members.
The zone is also promoting the development of new display sector and intelligent terminal sector.
A ceremony celebrating the installation of chip production machines takes place at the National Memory Base in Optics Valley of China, on April 11. [Photo provided to China Daily]
The National Memory Base under construction in Optics Valley of China [Photo provided to China Daily]