The Ministry of Economic Affairs (MOEA) on Saturday said that it expects Japanese and Taiwanese companies to invest as much as NT$15 billion (US$479 million) in joint ventures.
The announcement follows a visit to Japan by a Taiwanese delegation headed by Deputy Minister of Economics Yang Wei-fuu (楊偉甫) from Monday to Saturday.
The Taiwanese delegation visited Japanese enterprises in the financial, petrochemical, semiconductor, Internet and biotech sectors, the ministry said. Many of the Japanese companies the delegation visited were upbeat about cooperation with their Taiwanese counterparts and expressed their willingness to invest in Taiwan, the ministry said.
Among the potential investment deals, Japanese electronics giant TDK Corp is planning to work with Taiwanese IC packaging and testing services provider Advanced Semiconductor Engineering Inc (ASE, 日月光半導體) — the world’s largest IC packaging and testing services firm. TDK and ASE are expected to invest a total of NT$1.3 billion in Taiwan in a research and development joint venture aimed at developing high-end IC packaging and testing technology, the MOEA said.
KH NeoChem Co, a Tokyo-based petrochemical firm, is planning to work with Taiwan’s state-owned oil supplier CPC Corp, Taiwan (CPC, 台灣中油) and is to invest NT$13.7 billion to produce isononanol, which is used to produce value-added chemical products.
Japanese Internet services provider AMIYA Corp is planning to set up its Asian headquarters in Taiwan to expand its reach in the Taiwanese and Southeast Asian markets, the ministry said.
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
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