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Transparency Market Research: Silicon Wafer Market to Advance at CAGR of 9 3% During 2022-2031; States TMR Study

Silicon Wafer Market to Advance at CAGR of 9 3% During 2022-2031; States TMR Study - Press Release

Wafer Works to expand capacity in Longtan

Wafer Works Corp (合晶科技), the world’s No. 6 silicon wafer supplier, is to invest NT$2.4 billion (US$81.41 million) to expand its 12-inch wafer capacity at an existing plant in the Longtan (龍潭) section of Hsinchu Science Park (新竹科學園區) to meet rising demand for chips used in vehicles, the Ministry of Economic Affairs said yesterday. Wafer Works in May 2019 received ministry approval for a NT$1.16 billion capacity expansion plan at its Longtan site, allowing the wafer maker to join the government’s Invest in Taiwan initiative, the ministry said in a statement. The automotive sector accounted for 50 percent of Wafer Works’ total

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