According to a number of semiconductor industry related media news, at noon on January 7, an abnormality occurred in the power grid in Zhangjiang, Shanghai, triggering a fab factory jump! Later, it was learned through the micro-network that the accident was an explosion accident in the power station of Huahong No. 3 Factory, resulting in a factory shutdown for 3 hours. As of press time, the emergency repair has been completed and the work has resumed smoothly, which has not had much impact on production and operation. Thankfully, it was just a false alarm! At present, semiconductors continue to be out of stock, the risk of price increases, and all subtle changes may trigger industry variables!
Where is Huahong No.3 Factory?

The company has built three 8-inch fabs (Huahong Factory 1, 2 and 3) in Shanghai Jinqiao and Zhangjiang, with a monthly production capacity of about 180,000 pieces, and a 12-inch fab with a monthly production capacity of 48,000 pieces (Huahong Factory 7) in Wuxi High-tech Industrial Development Zone, which is not only the leading 12-inch special process production line in Chinese mainland, but also the world's first 12-inch power device OEM production line.
Huahong Group's position in the Chinese mainland chip foundry market, second only to SMIC, is an undervalued domestic chip leading enterprise.