ChipMOS Technologies Inc (南茂科技) has pledged to invest NT$12.5 billion (US$418.2 million) in expanding capacity in Taiwan, the Ministry of Economic Affairs announced yesterday as it approved the driver IC and memorychip tester and packager’s application to participate in a government incentive program.
The capacity expansion would help ChipMOS explore new business opportunities in the 5G and automotive fields, the ministry said in a statement.
It would also enable the company to expand its presence in the DRAM chip business after South Korean rivals exited the market, the ministry said.
Photo: Yang Chin-cheng, Taipei Times
It would be the firm’s second investment through the Invest Taiwan initiative, it added.
Through the new investment, the company is planning to expand its clean-room space in factories in Tainan and Hsinchu, build new smart and automated production lines, and advance its testing and packaging technologies for memory chips, driver ICs and mixed signal chips, the ministry said.
Part of the investment would also be allocated to build solar energy facilities, it said.
Innodisk Corp (宜鼎國際), a manufacturer of flash memory and DRAM modules used in industrial devices, was approved to join the progam and invest more than NT$100 million to add two new smart and automated production lines at factories currently under construction in Yilan County, the ministry said.
Tyan Kuei Enterprise (天貴實業), a supplier to footwear companies Nike Inc, Adidas AG and Puma SE, is planning to invest NT$400 million in a new factory and automated production lines in Changhua County to expand capacity, while machine tool part maker Long Shen Precision Industrial Co Ltd (隆升精密) is planning to invest NT$200 million to improve production efficiency and reduce carbon emissions at its factories in Taichung, the ministry said.
With the new investments from those four companies, the ministry has attracted 1,224 companies pledging to invest a combined NT$1.75 trillion and creating 136,393 new jobs, it said.
BYPASSING CHINA TARIFFS: In the first five months of this year, Foxconn sent US$4.4bn of iPhones to the US from India, compared with US$3.7bn in the whole of last year Nearly all the iPhones exported by Foxconn Technology Group (富士康科技集團) from India went to the US between March and last month, customs data showed, far above last year’s average of 50 percent and a clear sign of Apple Inc’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to nations including the Netherlands and the Czech Republic. During March to last month, Foxconn, known as Hon Hai Precision Industry
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the University of Tokyo (UTokyo) yesterday announced the launch of the TSMC-UTokyo Lab to promote advanced semiconductor research, education and talent development. The lab is TSMC’s first laboratory collaboration with a university outside Taiwan, the company said in a statement. The lab would leverage “the extensive knowledge, experience, and creativity” of both institutions, the company said. It is located in the Asano Section of UTokyo’s Hongo, Tokyo, campus and would be managed by UTokyo faculty, guided by directors from UTokyo and TSMC, the company said. TSMC began working with UTokyo in 2019, resulting in 21 research projects,
Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that is fantastic news. “We’re so thankful to this incredible fitness influencer called Ashton Hall,” Saratoga owner Primo Brands Corp’s CEO Robbert Rietbroek said on an earnings call after Hall’s morning routine video went viral. “He really helped put our brand on the map.” Primo Brands, which was not affiliated with Hall when he made his video, is among the increasing number of companies benefiting from influencer
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) yesterday expressed a downbeat view about the prospects of humanoid robots, given high manufacturing costs and a lack of target customers. Despite rising demand and high expectations for humanoid robots, high research-and-development costs and uncertain profitability remain major concerns, Lam told reporters following the company’s annual shareholders’ meeting in Taoyuan. “Since it seems a bit unworthy to use such high-cost robots to do household chores, I believe robots designed for specific purposes would be more valuable and present a better business opportunity,” Lam said Instead of investing in humanoid robots, Quanta has opted to invest
RSS