ChipMOS joins investment program, pledging NT$12.5bn to

  • By Lisa Wang / Workers Reporter

ChipMOS Systems Inc (南茂科技) has pledged to invest NT$12.5 billion (US$418.2 million) in growing ability 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 authorities incentive program.&#13

The potential enlargement would help ChipMOS investigate new enterprise alternatives in the 5G and automotive fields, the ministry said in a statement.&#13

It would also permit the corporation to increase its existence in the DRAM chip business right after South Korean rivals exited the market place, the ministry claimed. &#13

Picture: Yang Chin-cheng, Taipei Occasions

It would be the firm’s next investment by the Spend Taiwan initiative, it extra.&#13

By way of the new expenditure, the organization is preparing to increase its cleanse-room space in factories in Tainan and Hsinchu, establish new sensible and automatic creation traces, and advance its testing and packaging technologies for memory chips, driver ICs and mixed sign chips, the ministry mentioned.&#13

Section of the expense would also be allotted to establish photo voltaic electrical power facilities, it reported.&#13

Innodisk Corp (宜鼎國際), a company of flash memory and DRAM modules utilised in industrial equipment, was authorised to be part of the progam and make investments far more than NT$100 million to increase two new clever and automated manufacturing strains at factories presently below design in Yilan County, the ministry said. &#13

Tyan Kuei Organization (天貴實業), a supplier to footwear providers Nike Inc, Adidas AG and Puma SE, is arranging to devote NT$400 million in a new factory and automated manufacturing lines in Changhua County to broaden potential, while machine resource section maker Very long Shen Precision Industrial Co Ltd (隆升精密) is preparing to spend NT$200 million to make improvements to output efficiency and minimize carbon emissions at its factories in Taichung, the ministry reported.&#13

With the new investments from people 4 corporations, the ministry has attracted 1,224 companies pledging to commit a put together NT$1.75 trillion and building 136,393 new work, it explained.

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