Boe announced that the company through a wholly-owned subsidiary Tianjin BOE Venture Capital invested 1 billion yuan to Beijing Yandong Microelectronics Co., LTD. (referred to as \"Yandong Micro\") to increase capital, layout the key areas of integrated circuits, to achieve a more stable strategic cooperative relationship with industrial chain partners, and maintain the company's dominant position in the display field.
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Yandong Micro is a semiconductor device design, manufacturing and sales enterprise, the products include power semiconductors, sensors, ASics and high-reliability devices four product categories of hundreds of varieties, used in mobile communications, home appliances, sound transmission, power management, aerospace and other fields.
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Yandong Micro currently has a 6-inch chip production line, an 8-inch chip production line based on domestic core equipment, the 8-inch line has completed the Trench-MOSFET, LD\/PL-MOSFET, Trench-TVS, N-JFET, TMBS, IGBT process platform construction and mass production. The company intends to invest in the construction of a 12-inch integrated circuit production line project with a planned equity financing of 4.5 billion yuan, and Tianjin BOE Venture Capital invests 1 billion yuan.
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Boe's chip investment is more than that, BOE recently said that the company does not directly carry out semiconductor chip related business, but the core momentum fund that participates in the investment has chip related investments. It can be seen from the enterprise check that BOE and the National Integrated Circuit Industry Investment Fund (National large Fund) respectively hold 37.349% of the shares of Beijing Core Energy Investment Fund, which is the major shareholder of core Energy.