North Huachuang N7 project is about to fully complete the structural topping
According to news from Weibo, Beijing Yizhuang, NAURA's N7 project is expected to fully complete the structural topping on December 25.
The project officially started in April this year , and the underground structure was fully capped in October . Up to now, 99% of the main structure construction project has been completed, and the secondary structure construction will be carried out in 2023, and it is expected to be completed in March 2024.
It is reported that after the completion of the project , it will become the largest equipment manufacturing base of NAURA , further improving the production scale and product capacity of NAURA in integrated circuit equipment, new semiconductor equipment, LED equipment, and photovoltaic equipment .
Chinese gov't can help semiconductor industry by subsidizing these massive Capex projects that expand toll production capacity. I would think they will announce more new factories after this since the demand for domestic tools have significantly increased in light of the October sanctions.