The InvesTaiwan Service Center last week approved an application by Sigurd UTC Corp (矽格聯測) to invest NT$2.9 billion (US$103.4 million) to add clean rooms and expand the smart production lines at its plants in the Hsinchu Science Park (新竹科學園區), the Ministry of Economic Affairs said.
The investment by Sigurd UTC, which focuses on chip packaging technology development and wafer testing services, comes as more semiconductor companies are expanding manufacturing capacity thanks to increasing demand.
“A realignment of the global supply chain triggered by US-China trade tensions, opportunities for remote working and distance learning created by the COVID-19 pandemic, and the future of