PSI has invested 20million dollars in three years to build an IC packaging plant in Chengdu
psi technologies, a chip packaging supplier in the Philippines, signed an agreement with the Management Committee of Chengdu high tech park at the end of 2003. Psi will establish a chip packaging and testing plant in Chengdu
according to the material properties, the production and sales of new energy vehicles in China in 2017 are expected to exceed 700000. Arthur young, the category officer, said that the halogen flame retardant PP material accounts for about 70-80% of the flame retardant material market. The company is expected to invest 20million dollars in the project within three years. "We believe that through the establishment of this factory, psi will continue to provide high-quality and globally competitive assembly and testing services to the world's major power semiconductor manufacturers." Young said in a statement. PSI's Chinese plant will be located in the Chengdu Export Processing Zone and is scheduled to start production in the second quarter of 2004
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