A view of the Yantai Optoelectronic Sensing Industrial Park. [Photo/WeChat account:ytkfqfb]

Yantai Huang-Bohai New Area is experiencing significant boost in high-quality development thanks to the flourishing semiconductor industry, one of the strategic emerging sectors being actively fostered in the region. A multitude of influential and highly promising innovative enterprises have emerged, propelling the continuous expansion of the industrial chain and advancing green, low-carbon development.

The area boasts several flagship semiconductor companies, including Yantai MDH Technology, the sole global player in the crystal industry with an intelligent processing line, Yantai Yesdo Electronic Materials, a leader in the wire bonding sector, and Yantai Raytron Technology, the global pioneer of the 8-micron uncooled infrared thermal imaging detector chip.

While cultivating strong enterprises, Yantai Huang-Bohai New Area emphasizes building the industrial chain within the park's infrastructure.

At the Yantai Optoelectronic Sensing Industrial Park, led by Yantai Raytron Technology and other industry leaders, the park strategically coordinates the research and development, incubation, acceleration, testing, and industrialization sectors. It attracts and supports chip design, module, device, and terminal equipment firms, establishing an optoelectronic sensing industry ecosystem encompassing materials, integrated circuit design, packaging testing, and equipment.

Within five years, the park aims to host over 150 upstream and downstream enterprises, with an annual output value surpassing 20 billion yuan ($2.85 billion). Over the next decade, it plans to attract more than 400 enterprises, with an annual output value exceeding 70 billion yuan.

Yatai Huang-Bohai New Area has been focusing on the specialized semiconductor industrial chain, with leading backbone companies serving as chain leaders and specialized industrial parks as platforms and carriers for industrial chain development. The area's importance in China's electronic information industry continues to grow.