Wuhan blazes trail in IC memory output

The country's first integrated circuit memory manufacturing hub, launched in Wuhan, Hubei province, is expected to produce 300,000 chips by 2020, with the figure set to reach 1 million by 2030.

The manufacturing base, headquartered in the city's Optics Valley Smart Industrial Park, involves total investment of $24 billion.

It will focus on chip manufacturing, with other businesses including memory-chip designing, research and development, wafer production and testing.