IC packaging and testing services provider Orient Semiconductor Engineering Inc (OSE, 華泰電子) is to invest NT$4.3 billion (US$140.98 million) in the nation, the Ministry of Economic Affairs said yesterday, as it approved two companies’ applications to participate in the government program seeking to attract Taiwanese companies back home.
Citing order transfers and clients relocating to Taiwan, OSE plans to move its server production in Suzhou, China, to Kaohsiung, where it plans to expand an idle production facility at the Nantze Export Processing Zone (楠梓加工出口區), the ministry said.
Leveraging off its electronics manufacturing services at the Nantze plant, OSE plans to offer one-stop services to clients for its solid state drive products, the ministry added.
Hydraulic pumps and valves manufacturer Camel Precision Co (全懋精機), which has previously partnered with Germany’s Eckerle Technologies GmbH to produce gear pumps, is to invest NT$300 million by setting up a new plant in Changhua County’s Tianjhong Township (田中) to meet client demand, the ministry said.
The government program has to date attracted investment applications from 158 companies, pledging about NT$707.8 billion in total investments and creating an estimated 57,801 job opportunities, the ministry said.
In a separate government program, the ministry yesterday approved plans by four companies to invest NT$16.8 billion in Taiwan.
Wafer thinning and integration specialist Phoenix Silicon International Corp (昇陽國際半導體), which supplies Taiwan Semiconductor Manufacturing Co (台積電), United Microelectronics Co (聯電) and Powerchip Semiconductor Manufacturing Co (力積電), plans to expand its wafer production by introducing two automated production lines at its Hsinchu Science Park (新竹科學園區) plant.
The investment would offer up to 117 job opportunities, the ministry said.
Win Semiconductors Corp (Win Semi, 穩懋半導體), the world’s largest compound semiconductor foundry, is to expand its plant in Taoyuan to meet expected strong demand as 5G takes off.
Win Semi also plans to build cleanrooms and purchase machinery for its plant, the ministry said, adding that the investment would provide 600 job opportunities.
TBI Motion Technology Co (全球傳動), which manufactures linear motion products, is to invest more than NT$1.7 billion to set up a new plant in New Taipei City’s Yingge District (鶯歌) and expand its Shulin District(樹林) plant to boost its production capacity and economies of scale.
The project is to offer 445 job opportunities, the ministry said.
An unnamed radio frequency identification (RFID) specialist plans to invest NT$1.2 billion to set up a new plant and office building in Taiwan to explore new RFID applications, the ministry said.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”