HSMC Wuhan (Hongxin Semiconductor — cancelled) · 武汉弘芯半导体制造有限公司

Wuhan Hongxin Semiconductor Manufacturing Co. (HSMC) | Fab

The emblematic China fab-boom failure and this tracker’s first explicit Cancelled entry (the schema always had the status): a 90%-shell-owned ’128-billion-…
Published

October 11, 2026

TipWhy This Matters

The emblematic China fab-boom failure and this tracker’s first explicit Cancelled entry (the schema always had the status): a 90%-shell-owned ‘128-billion-yuan 14nm’ project that spent ~¥15.3 billion by end-2019, staged a fake production line for investors, took delivery of an ASML NXT:1980Di DUV scanner (repeatedly misreported in Chinese media as ‘EUV’) in Dec 2019, and mortgaged it for ¥580 million in Jan 2020.

Chinese name: 武汉弘芯半导体制造有限公司 (Wǔhàn Hóngxīn Bàndǎotǐ)

What does this facility make?

Nothing — unfinished shells and two vacant dormitory towers; state takeover Nov 2020, staff cut Feb 2021, renamed 武汉新工现代制造 and deregistered 29 June 2021.

Why does it matter?

HSMC triggered the 2020-21 central-level cleanup of rogue semiconductor pledges and the ‘new-type举国体制’ debate over local-government fab financing; site reuse as of 2025-26 is not verified. Keeping cancelled projects in the tracker matters: the denominator of announced Chinese fabs is as analytically important as the operational numerator.

Key Facts

Company Wuhan Hongxin Semiconductor Manufacturing Co. (HSMC)
Type Fab
Category Private
Capability Never produced — planned 14nm/7nm logic fab + advanced packaging (claimed ~¥128B); ~300 of 3,560 planned tools ever received
Status Cancelled
Capacity Not yet recorded
Investment Not disclosed
Funding Source Local Govt
Location Wuhan, Hubei
Current Node Not yet researched
Entity List No
Equipment Origin Not yet assessed
Last Verified Not recorded (newest source dated Sep 2026)

Technical Complexity

4.4/5

Technology Node Trajectory

Node history not yet researched.

Project Timeline

  • Nov 2017 — Registered in Wuhan Linkonggang (Dongxihu) with claimed ¥128B plan
  • Dec 2019 — ASML NXT:1980Di DUV tool arrives — the only major tool ever delivered
  • Nov 2020 — State takes over; company deregistered 29 June 2021

Sources


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