BRIEF-Hangzhou Silan Microelectronics' Unit To Invest 1.5 Bln Yuan In IC Chip Project

Aug 27 (Reuters) - Hangzhou Silan Microelectronics Co Ltd :

* SAYS UNIT PLANS TO INVEST 1.5 BILLION YUAN ($211.48 million) IN INTEGRATED CIRCUIT CHIP PROJECT Source text in Chinese: http://bit.ly/2Htte7b Further company coverage: ($1 = 7.0928 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)