Beijing time on July 26th evening news, the Wall Street journal quoted people familiar with the news that today China is building advanced memory chips factory two major projects have been merged. The move aims to build stronger large enterprises, thus narrowing the technology gap between western countries and.

According to four, according to people familiar with the purple light group (Tsinghua Unigroup) has acquired the wuhan new core IC manufacturing co., LTD. (XMC, hereinafter referred to as "wuhan new core") a majority stake. , wuhan new core was to build a $24 billion memory chip manufacturing center.

March 28 this year, with a total investment of $24 billion (RMB 160 billion) storage base project officially started in wuhan east lake high-tech zone. In order to ensure the project smooth implementation, the country's integrated circuit industry investment fund co., LTD., integrated circuit industry investment fund co., LTD., hubei province, CDB development fund co., LTD., hubei province science and technology investment group co., LTD. Is a joint venture as a shareholder, in wuhan new core is established on the basis of a storage company as the main storage base project implementation.

At the same time, the purple light group also plans to invest more than $120 to build a new memory chip factory, as well as for semiconductor business mergers and acquisitions. In November last year, one of the purple light group submitted to the shenzhen stock exchange announcement, will be on tongfang group the core is to build a memory chip factory, and make more deals. , purple light group was trying to buy the American memory chip maker micron technology, but the deal is unsuccessful.

Purple light group and wuhan new core that deal will integrate Chinese top resources in the field of memory chips. , according to people familiar with the deal by the China national integrated circuit industry investment fund. Purple light group is China's biggest chip design companies. And wuhan new core is a slightly smaller scale, but its memory chip program received the integrated circuit industry investment fund and the support of the Chinese academy of sciences.

, according to people familiar with the purple light group chairman wei-guo zhao will serve as the wuhan new core of the new holding company "wuhan Yangtze River Storage Technology co., LTD." (Yangtze River Storage Technology) President. People familiar with the matter said, purple light group will hold the wuhan Yangtze river storage technology co., LTD., more than 50% of the shares, and the other by national IC industry investment fund shares held by a fund and wuhan municipal government support.