Shichuang plans to invest 1.1 billion euros this year, two-thirds of which will be used to build factories in Singapore
Scidev.net reported on the 10th that Shichuang's operating profit in 2021 was 466 million euros, a year-on-year increase of 40.5% and a profit margin of 33.2%. It said that the strong demand for wafers and the continuous high investment in digitization led to a significant increase in wafer sales area. It plans to invest about 1.1 billion euros in 2022, of which about two-thirds will be used to build new factories in Singapore.
This text is a result of machine translation.
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