SAS Technology breaks ground on factory in NETDA

Groundbreaking ceremony of the first phase of SAS Technology's semiconductor high-end equipment manufacturing project is held in NETDA. [Photo/WeChat account: gh_78ba52d6e1ed]

Shanghai-based SAS Technology recently broke ground on the first phase of a semiconductor high-end equipment manufacturing project in the Nantong Economic and Technological Development Area, or NETDA.

With a total investment of $50 million, the project is the second of its kind invested by SAS Technology in the Yangtze River Delta region and is expected to generate over $100 million per year after production commences.

Covering an area of 30,000 square meters, the project is mainly designated for the R&D, manufacturing, and sales of semiconductor wet process equipment and bio-pharmaceutical equipment.

Founded in 2014, SAS Technology engages in serving semiconductor and bio-pharmaceutical industries. Its products are widely applied in the manufacturing of integrated circuits and cell cultivation.

The high-end equipment manufacturing industry is not only one of the key strategic emerging industries in Nantong, but also one of NETDA's pillar industries. The development area aims to form a high-end equipment industrial cluster with a distinct influence in the Yangtze River Delta by 2025.