Galaxy Microelectronics (688689.SH) plans to invest 1.078 billion yuan in a high-end core device industrialization and innovation capability construction project.

Zhitong Finance APP News, Galaxy Microelectronics (688689.SH) announced that, in order to improve the company's production and processing manufacturing capabilities for integrated circuit discrete devices and expand the production scale of integrated circuit discrete devices, the company plans to invest RMB 1.078 billion of its own or self-raised funds to implement the "High-end Core Device Industrialization and Innovation Capability Construction Project," with a construction period of 3 years.