Four small and medium-sized enterprises are to invest a combined NT$1.3 billion (US$42.49 million) in the nation, the Ministry of Economic Affairs said yesterday after it approved their applications to take part in a government program that provides various incentives for overseas Taiwanese companies investing at home.
GI DING Technology Co Ltd (佶鼎科技), which provides recycling and hazardous waste treatment services mostly for the electronics industry, plans to invest more than NT$200 million to expand its facility in the Changhua Binhai Industrial Zone (彰濱工業區).
The company is to buy equipment for the recycling of copper and environmentally friendly electricity generators for its facility, which has specialized in the treatment of liquid waste, the ministry said, adding that the company would create 30 job opportunities.
FENG FUH Machinery Co Ltd (楓富機械), which produces automobile parts, electrical tools and mechanical parts, is to set up a plant in Taichung’s Taiping Industrial Park (太平產業園區) to tap the smart manufacturing market.
The company plans to introduce 3D printed technology, Internet of Things equipment and an automated optical inspection system, while adding smart computer numerical control machines, the ministry said.
Sock manufacturer Huan Shen Co Ltd (煥昇實業), which specializes in cooling fabrics, is to invest NT$40 million to expand its production capacity and introduce smart weaving machines to cut its production costs, the ministry said.
PeiLi Pharmaceutical IND Co Ltd. (培力藥品), which develops drugs for chronic illnesses, hormone replacement pills and other medications, is to invest more than NT$500 million setting up a smart production facility and research and development center in the Taichung Industrial Park (台中工業區) as it aims to increase its presence in the US market.
PeiLi expects to create 38 job opportunities, the ministry said.
The program has seen 42 companies invest more than NT$25.2 billion, creating 2,037 jobs, the ministry said.
NO VIRUS BLUES: A SEMI Taiwan official said that the virus does not slow down the global semiconductor industry’s investment in manufacturing equipment The production value of the nation’s semiconductor industry is expected to grow 16.7 percent this year from last year, outpacing the global industry’s 3.3 percent growth, industry association SEMI said yesterday. That would help Taiwan safeguard its second spot in the global semiconductor market with a production value of more than NT$3 trillion (US$102.73 billion), SEMI Taiwan president Terry Tsao (曹世綸) told a media briefing in Taipei for the Semicon Taiwan trade show beginning today. The global semiconductor industry’s production value is expected to increase to US$426 billion this year, SEMI said. In terms of semiconductor equipment investment, equipment billings from Taiwanese firms
Intel Corp has received licenses from US authorities to continue supplying certain products to Huawei Technologies Co (華為), a company spokesman said yesterday. Washington has been pushing governments around to world to squeeze out Huawei, saying that the telecom giant would hand data to Beijing for espionage. From Monday last week, new curbs have barred US companies from supplying or servicing Huawei. This week, the state-backed China Securities Journal reported that Intel had received permission to supply Huawei. China’s Semiconductor Manufacturing International Corp (SMIC, 中芯國際), which uses US-origin equipment to make chips for Huawei and other companies, last week confirmed that it had sought
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,
‘SWARM TECH’: Joint venture FARobot is to develop autonomous mobile robots that would first be deployed in Hon Hai’s factories to optimize production efficiency Hon Hai Precision Industry Co (鴻海精密) and Adlink Technology Inc (凌華科技) have formed a robotic venture that aims to use “swarm technology” to create robots that can communicate with one another on the factory floor to optimize production efficiency. Hon Hai is Apple Inc’s leading iPhone assembler and the world’s largest contract electronics maker, while Adlink supplies industrial computers and Internet of Things solutions. Through a subsidiary, Hyield Venture Capital Co (鴻揚創投), Hon Hai holds a 51 percent stake in autonomous mobile robot (AMR) developer FARobot (法博智能移動), while Adlink owns the remaining 49 percent. Together, the two companies put up NT$200