Nord shares: plans to invest 168 million yuan to update and renovate the equipment of Qinghai Electronics' 15,000-ton production line.

Nordic Semiconductor announced that the company plans to carry out updates and renovations on the equipment of the 15,000-ton production line of the second factory invested and built by its wholly-owned subsidiary Qinghai Electronic Materials Industry Development Co., Ltd. in 2010. The total investment of this project is estimated to be 168 million yuan. After the renovation is completed, the production line will achieve a comprehensive upgrade of product processes - the production range will expand from the original design specifications of 6-8 microns and above conventional lithium battery copper foil to include the mass production capacity of high-end lithium battery copper foil with 4.5 microns and below, and the product quality and grade will be significantly improved in sync, able to accurately match the core production needs of downstream customers in the high-end product field.