Focus Taiwan
Date: 01/08/2020
By: Chung Jung-feng and Frances Huang\
Taipei, Jan. 8 (CNA) Yageo Corp., a leading passive electronics component maker in Taiwan, said
Yageo Chairman and CEO Pierre ChenCNA file photo\
Yageo, a producer of components such as chip resistors, inductors and multi-layer ceramic capacitors (MLCC), said Taiwan is a hub of the company's research and development, as well as production, and the investment will be aimed at developing high-end items for automotive electronics use and 5G applications.
Currently, Taiwan accounts for 50 percent of Yageo's total global production value, and makes up about 90 percent of the company's R&D resources.
Yageo joins a growing list in which many manufacturers have heeded the government's advocacy to move their funds back home for investment. [FULL STORY]