Power component supplier to Apple promises 7,000 new jobs over 3 years
Taiwan News
Date: 2019/05/09
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Delta Electronics, a supplier of power components to Apple Inc.,
Delta Electronics Chairman Yancey Hai. (By Central News Agency)
has become the latest company to heed the government’s call to return home with an investment plan worth NT$13.2 billion (US$426 million), reports said Thursday (May 9).
As in other recent examples, the current trade war between the United States and China was at the base of the investment move, with companies looking to avoid falling victim to U.S. tariffs by relocating manufacturing away from China, the Central News Agency reported.
Delta already purchased land in northern, central and southern Taiwan to make the investments over a period of three years, according to the reports.
The plans would also result in the creation of more than 7,000 jobs across the country, though even before, Delta was recruiting 1,800 employees unrelated to the latest investment project, the company said. Most of the new staff were engineers for research and development departments. [FULL STORY]