RETURNING INVESTMENT: The economics ministry also approved an application by Tan Kong Precision Tech to invest in a plant at the Central Taiwan Science Park

Taipei Times
Date: Oct 25, 2019
By: Natasha Li  /  Staff reporter

Contract electronics manufacturer Inventec Corp (英業達) is to invest NT$4.8 billion (US$156.93 million) to expand local production facilities, the Ministry of Economic Affairs said yesterday as it approved the firm’s application to join a government plan to boost investments in Taiwan.

The news came after Inventec president Maurice Wu (巫永財) told investors last month that the company is planning to shift all of its operations to produce US-bound laptops to Taiwan to avoid US tariffs on Chinese-made goods.

The Taipei-headquartered Inventec is relocating some of its production lines from Chongqing in China’s Sichuan Province to a manufacturing site in Taoyuan’s Dasi District (大溪).
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