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Sigurd UTC approved to invest NT$2.9bn

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 ....

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Taiwan Business in Brief – April 2021 - Taiwan Business TOPICS


Taiwan Business TOPICS
LINE Bank Starts Trial Operations
Online banking services company LINE Bank began trials of its Taiwan platform in late March. The trial operations, which were limited to the approximately 700 employees of LINE Taiwan, follow a series of stress, integration, and user tests. If the trial is successful, the online bank will make a full debut in late April, according to LINE Bank General Manager Morris Huang.
LINE Bank is one of only two internet-only banks in Taiwan, the other being Rakuten International Commercial Bank Co. Its launch on the island follows the opening of a similar bank in Thailand last year by major shareholder LINE Financial Taiwan Corp., which will be used as a benchmark for the success of the Taiwan platform. ....

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