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JCET to Build an Automotive Chip Advanced Packaging Flagship Factory in China

By JCET Press Release

1 Nov 2023

November 1, 2023, Shanghai, China - JCET Group (600584. SH), a leading global provider of IC back-end manufacturing and technical services, is proud to announce that its holding company, JCET Automotive Electronics (Shanghai) Co., Ltd. is set to receive a capital increase of RMB 4.4 billion, resulting in a registered capital of RMB 4.8 billion. The investment is aimed at accelerating the construction of advanced packaging facility for automotive chip products in the Lingang Special Area of Shanghai. This initiative underscores JCET’s support for both domestic and international clients, as well as industry partners, in creating a comprehensive chip product supply chain tailored for electronic and intelligent new energy vehicles.

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