Ten local investment projects launched by US-based businesses could create more than 500 jobs for Taiwan, the Industrial Development Bureau said yesterday.
The investments are expected to generate industrial benefits worth NT$290.8 billion (US$9.3 billion), more than four times the initial investment amount of NT$7.15 billion, the bureau said in a statement.
Among the projects is a three-year plan by human interface developer Synaptics Inc, which aims to establish an integrated circuit design and development center at a cost of NT$510 million.
PC vendor Dell Inc is also investing NT$1 billion to establish a low-energy cloud computing data center over the next three years, the bureau said.
In addition to the 10 investment projects, separately sealed between the two sides this year were another 17 US-Taiwan industrial cooperation projects and a further 52 deals regarding intellectual property rights, the statement said.
Overall, the bureau said the cooperation between Taiwan and US businesses this year could generate potential business worth NT$342.7 billion, according to the statement.
GOOGLE DATA CENTER
Next year, US investments in Taiwan look set to go even higher, as search giant Google Inc works on a plan to double its investment in its new data center in Taiwan’s Changhua County to US$600 million.