Inspur Group, one of China's biggest server manufacturers and server solutions providers, has signed a construction contract with the management committee of Jinan High-tech Industrial Development Zone to build a first-class semiconductor lighting research and production base in the next five to eight years.
Inspur Group will invest CNY3 billion in this project. Of the investment, CNY1.6 billion will be put in the first-stage construction, which is expected to be completed at the end of 2013 and start production in 2014; CNY1.4 billion will be used in the second-stage construction, which is expected to completed at the end of 2016 and start production in 2017. On the fully construction of this project, the production base will be able to realize annual sales of CNY9 billion and profit and tax of CNY2 billion.
As a province that has an early start in the research and development of semiconductor lighting technologies, Shandong's research and development capabilities in this sector provide it a leading position in China's semiconductor lighting industry and some of its products even reach the international advanced level.
Inspur Group is one of the earliest enterprises engaged in IT industry in China, and also one of the largest providers of application and resolution of IT industry in China. Inspur Group has two stock companies, Inspur Information and Inspur Software, and many subsidiaries. Its business covers such industries and fields as PC, server, tax controlling machines, communication products, information security, software outsourcing, as well as service, application software for large industry, finance and ERP, e-government, tobacco and circulation.