Interconnect solutions provider BizLink Holding Inc (貿聯控股) has pledged NT$3.2 billion (US$107.6 million) to launch new manufacturing facilities at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday.
The InvesTaiwan Service Center yesterday approved the Silicon Valley-based company’s application to participate in the government’s incentive program, the ministry said.
The announcement came as BizLink’s customers seek to adjust their global deployment strategies and diversity risks, it said.
Photo courtesy of BizLink Holding Inc
Founded in 1996, BizLink supplies cable assemblies, wire harnesses and high-speed transmission lines for use in vehicles, information technology products, electrical appliances and industrial devices, as well as medical, solar and telecom equipment. It is the sole supplier of wiring harnesses for battery management systems in Tesla Inc’s Model 3 electric vehicles.
The company plans to establish production lines for high-end automotive and medical products at the Tainan plant, and the investment is expected to create 836 job opportunities, the ministry said.
In addition to meeting environmental building standards at the new plant, BizLink plans to install a solar power generation system on the roof and adopt high-efficiency energy-saving equipment for its manufacturing facilities, it said.
BizLink operates 17 production sites around the world and had about 12,316 employees as of October last year, company data showed.
InvesTaiwan also approved plans by three other companies to establish or expand their manufacturing facilities in the nation. They are Rising Chemical Co (立新化工), Ziolite Precision Corp (兆磊精密) and Taiwan Head Brewers Brewing Co (臺灣比爾文化), the ministry said.
The four companies are to invest a combined NT$4 billion, it added.
Rising Chemical, the only listed coating company in the nation, mainly produces nano-scale pigment dispersions for LCD photoresists, nano-color pastes and functional inks.
To diversify its product line and meet environmental safety regulations, the company plans to invest NT$300 million to build a new plant and warehouse at the Southern Taiwan Science Park’s (南部科學工業園) branch campus in Kaohsiung’s Lujhu District (路竹), the ministry said.
Ziolite Precision, a supplier of components for CNC milling machines and mechanical structure covers for industrial equipment, plans to invest NT$200 million to build new factories in Miaoli County’s Jhunan Township (竹南), while Taiwan Head Brewers, which makes craft beer, plans to launch new production lines in New Taipei City’s Sanchong District (三重), it said.
The “Invest in Taiwan” initiative has to date attracted 1,207 companies to invest more than NT$1.7 trillion in Taiwan, with 20 applications pending review, it said.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
RSS