PR94480

BEIJING, Feb. 10, 2022 /PRNewswire=KYODO JBN/ --

A conference was held on Tuesday to promote constructing industrial innovation

cluster for the electronic information industry in Suzhou City of east China's

Jiangsu Province. A low temperature poly-silicon (LTPS) project of AU Optronics

Corporation (AUO) was also launched at the event.

150 major electronic information projects with a total investment of 129

billion yuan (about 20.28 billion U.S. dollars) were signed or commenced at the

conference, covering areas such as 5G communications, semiconductors, chips,

intelligent terminals, etc. Among the projects, 80 were signed with planned

total investment of 72 billion yuan and 70 were announced to commence with

total investment of 57 billion yuan, 19.1 billion yuan of which is expected to

be settled within this year.

The city of Suzhou has been making multi-dimensional efforts to support the

development of electronic information in recent years. Thanks to project

guidance, policy support and innovation encouragement, the industry has grown

to be the first in the city to achieve annual output value exceeding one

trillion yuan.

In the year 2021, the value of gross output of Suzhou's electronic information

industry reached 1.16 trillion yuan, up 10.8 percent from the previous year.

Currently, the city is home to 1,271 industrial enterprises above designated

size and 62 listed enterprises in the electronic information sector.

AUO Kunshan launched its LTPS project on the same day at the event. As one of

the top three large size LCD panel manufacturers in the world, AUO is planning

to invest additional 1.8 billion U.S. dollars in production line upgrading and

capacity expansion, looking to top an annual output value of 10 billion yuan.

The event also included a ceremony granting fiscal supporting fund of 2.4

billion yuan accumulated in the year 2021. Besides, a list of 64 technological

projects in the electronic information industry was unveiled on the event. The

city of Kunshan, as one of China's leading county-level economies, published a

supporting system for the new generation industrial innovation cluster, in a

bid to accelerate in-depth integration of the industrial chain and the

innovation chain.

Original link: https://en.imsilkroad.com/p/326373.html

SOURCE  Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=414864

   Caption: Photo shows the signing ceremony of major electronic information projects at

Tuesday's conference held in Suzhou of east China's Jiangsu province.