《TAIPEI TIMES》 Taiwan s growth outperforms rivals: NDC - 焦點 ltn.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ltn.com.tw Daily Mail and Mail on Sunday newspapers.
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.
It would be the firm’s second investment through the Invest Taiwan initiative,
COVID-19: Holiday Garden to close Liuhe hotel on Aug 31 taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.