Apple Inc is planning to expand its investment in Taiwan by building a new plant in the Longtan (龍潭) section of Hsinchu Science Park (新竹科學園區), the Hsinchu Science Park Bureau said yesterday.
The administration on Feb. 18 approved a plan by Apple’s Taiwan branch to set up a new plant in Longtan, Taoyuan, where the US firm has its existing operations, according to company registration data obtained by the Central News Agency.
Chang Shih-chang (張世昌), a former executive at TPO Displays Corp (統寶光電), is expected to take charge of the new Apple plant.
TPO Displays was acquired by panel maker Innolux Corp (群創光電) in 2010.
Sources with knowledge of the plan said that the new plant would be built on a 30.83 hectare plot as part of the second phase of the Longtan section of the park.
While sources at the administration declined to disclose any financial terms or details about the plan, the Chinese-language Economic Daily News yesterday reported that the investment is expected to be about NT$10 billion (US$334.9 million).
The report said that the initial phase of the plan is to boost next-generation monitor production, as well as research and development (R&D) of monitor technologies.
The US firm is developing low-temperature polysilicon displays and metal-oxide-semiconductor screens at the park, along with quantum film image sensors, sources at the science park said.
The report cited unnamed sources as saying that the plant has been listed as a major project by Apple and that the US company has dispatched an R&D team to Taiwan to facilitate the investment.
Apple is planning to collaborate with LED lighting maker Epistar Corp (晶電) and panel maker AU Optronics Corp (友達光電) on monitor development to reduce the US company’s dependence on Japanese and South Korean suppliers, the report said.
Apple has been running a laboratory in Longtan since 2014 and with the new investment, the company is aiming to produce mini-LED and micro-LED displays, it said.
The Longtan plant is expected to become Apple’s third overseas R&D hub after Japan and South Korea, it added.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence