Mifei Tech and Fantasia Holdings held the opening ceremony of the Shenzhen IC Design and Industrial Park which was jointly developed by the two companies. This IC Park will house companies from the front and back end of the IC supply chain, including design houses, semiconductor foundries, and firms like Mifei Tech which specialize in back end processes. This will create a complete ecosystem of IC-related firms, creating more opportunities for business and collaboration. As one of the developers of the IC Park, Fantasia promises to provide support to the IC Park companies, particularly to early stage startups.