Nexchip Semiconductor Corporation (“Nexchip”) was established in May 2015 as a joint-venture between Hefei City Construction Investment Holding (Group) Co., Ltd and Holding and Powerchip Technology Corporation from Taiwan. Nexchip is a semiconductor foundry specializing in integrated circuit production ，which is the first foundry on 12 inch wafers in Anhui and also the first one with investment over ten billion CNY.

Our company is located within the Hefei Comprehensive Bonded Zone of Xinzhan District, Hefei. Phase I development consists of 12.8 billion CNY in investment began on October 2015, which consist of construction of the main building of Fab N1A1 and N1A2, as well as the clean room of Fab N1A1. Fab N1A1 of our Phase I development is complete by June 2017 and ready for mass production by Q4 2017. Our company reached the production  capacity of 100,000 wafers per month by the end of 2021．