Date: January 27, 2016
MOEA eyes semiconductor sector investment growth
Taiwan Semiconductor Manufacturing Co. leads local private sector investment in 2015 by spending NT$180 billion on facility expansions around the country. (CNA)
Taiwan’s semiconductor sector is expected to lead the way in attracting NT$1.4 trillion (US$41.7 billion) in private investment this year, up from NT$1.34 trillion in 2015, according to the ROC Ministry of Economic Affairs Jan. 26.
The MOEA will achieve this target by encouraging semiconductor firms to boost investment in R&D, lift production and obtain key technologies. This is expected to help these outfits strengthen advantages in design, manufacturing and packaging, as well as consolidate Taiwan’s position in the global supply chain.
At the same time, expanded production and R&D by such firms as Taiwan Semiconductor Manufacturing Co. and United Microelectronics Corp., as well as panel-makers AU Optronics Corp. and Innolux Corp, will ensure the MOEA reaches its investment goal.
Hsiao Chen-jung, deputy director of the MOEA Industrial Development Bureau, said last year’s performance of the semiconductor sector makes it the ideal candidate to carry the bulk of the private investment load. [FULL STORY]