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Zhongguancun IC Design Park to be world-class center
( chinadaily.com.cn )
Updated: 2017-02-21

Zhongguancun will soon be home to a world-class integrated circuit design center.

The Zhongguancun Integrated Circuit (IC) Design Industrial Park will be put into service at the beginning of next year, Beijing Daily reported on Feb 16.

The park, a project initiated by the Zhongguancun administrative committee and Haidian district government, began construction in 2015. It aims to attract the world's top IC designers, teams and enterprises to turn it into a first-class international IC design industrial park.

A number of leading IC design enterprises, including Spreadtrum Communications, Ingenic and Tongfang Microelectronics, have decided to set up operations in the zone.

By 2020, the park is expected to generate annual revenue of about 8 billion yuan ($1.2 billion), advance its design capability in line with international standards and form the largest IC design industrial cluster in China.

It is also hoped that the park will coordinate with the production base in Yizhuang, Beijing and the testing base in Hebei province to support the integrated circuit industry.

This move will highlight the central role of Beijing as an innovative technology hub in the Beijing-Tianjin-Hebei region.

Zhongguancun IC Design Park to be world-class center

An artist's impression of Zhongguancun Integrated Circuit Design Industrial Park. [Photo/zgcicpark.com.cn]