MORE TAKERS: Along with Unity Opto, the Ministry of Economic Affairs approved three more firms to invest as part of a government plan, bringing total participants to 173

Taipei Times
Date: Mar 06, 2020
By Natasha Li / Staff reporter

Unity Opto Technology Co (東貝光電) is to invest more than NT$1.9 billion (US$63.42 million) to expand its local production, after the Ministry of Economic Affairs approved its application to join a government program to stimulate local investment, the ministry said yesterday.

The program, which was launched early last year during an escalating US-China trade dispute, has attracted 173 local firms to invest NT$718.8 billion in the nation, creating about 59,449 jobs.

Following in the footsteps of flat-panel makers Innolux Corp (群創) and AU Optronics Corp (友達光電), Unity Opto, the nation’s largest supplier of backlight modules for LED panels, is to set up six new smart production lines for mini-LED and micro-LED products at its existing plant in New Taipei City’s Wugu Industrial Park (五股工業區), the ministry said.    [FULL  STORY]