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The Ministry of Economic Affairs (MOEA) yesterday said it has approved 10 companies’ applications to invest NT$40.7 billion (US$1.47 billion) as part of the government’s Invest in Taiwan initiative.
Printed circuit board maker (PCB) Unimicron Technology Corp (欣興電子) applied for a second round of investment totaling NT$26 billion to add eight production lines in Hsinchu County to expand its flip chip substrate capacity, the ministry said yesterday.
The company is expanding to meet rising demand from 5G applications, consumer electronics and automotive components, it said, adding that the investment would create 677 local jobs.
The new project would bring Unimicron’s