China silicon wafers enter AI-led upcycle: prices rise, 12-inch capacity expands

DIGITIMESAugust 31, 2026en

Hangzhou Lion Microelectronics plans to invest about CNY3 billion (approx. US$446 million) in a new 12-inch silicon wafer project in Jiaxing, expanding into a market where AI demand is lifting volumes and prices while China still relies heavily on imported large-diameter wafers.

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