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Sigurd allowed to invest NT$4bn on smart lines

The InvesTaiwan Service Center yesterday approved an application by Sigurd Microelectronics Corp (矽格) to invest NT$4 billion (US$144.5 million) to expand smart production lines at its plants in Hsinchu County’s Jhudong (竹東) and Hukou (湖口) townships, the Ministry of Economic Affairs said.
The investment by Sigurd, which provides semiconductor back-end manufacturing services, comes as more semiconductor companies are expanding production capacity to meet increasing demand.
<strong>‘DRIVING FORCE’</strong>
“The COVID-19-pandemic-induced stay-at-home economy and the development of new technology applications are a key driving force behind the business growth of global chip packaging and testing service providers,” the ministry said in a statement.
Sigurd is to ....

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