Annual sales generated by a group of technology industrial parks in central and southern Taiwan supervised by the Ministry of Economic Affairs reached a new high last year on the back of strong global demand for high-tech gadgets, the ministry said on Monday.
Data compiled by the Export Processing Zone Administration showed that revenue posted by firms in the parks in Taichung, Kaohsiung and Pingtung County totaled NT$465.6 billion (US$16,69 billion), up 16 percent from 2020.
It was the first time that firms operating in the parks had combined sales of more than NT$450 billion, exports agency said.
Exports from the parks rose
JDI Taiwan Inc (JDIT, 台灣晶端顯示), a wholly owned subsidiary of Japan Display Inc, yesterday received the government’s approval to invest NT$500 million (US$18.08 million) to set up a subsidiary in Kaohsiung focusing on display module design and marketing.
The display supplier’s move came after it last month sold its local manufacturing arm, Kaohsiung Opto-Electronics Inc (KOE, 高雄晶傑達光電科技), to contract electronics maker Wistron Corp (緯創) for ￥8.58 billion (US$74 million).
JDIT has said it would continue outsourcing display module manufacturing to KOE and Wistron, while further strengthening the company’s competitiveness in its core automotive and industrial businesses.
Wistron said it plans to build a
Ministry of Economic Affairs of the Republic[ ] (via Public) / Two investors were approved to station in the Technology Industrial Park The total investment applications figures amounted to NT$ 76 million publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Contract electronics manufacturer Wistron Corp (緯創) plans to invest NT$10 billion (US$356.95 million) in manufacturing facilities at Kaohsiung’s Cianjhen Technology Industrial Park (前鎮科技園區), the Ministry of Economic Affairs (MOEA) said yesterday.
The investment would mainly go toward making automotive and related components, the ministry said in a statement.
It is expected to create 7,000 jobs and generate NT$50 billion in annual output value within five years, the ministry added.
To help facilitate new investment in the technology park, a plot of 4.17 hectares that is occupied by outdated factories is being knocked down to clear space for up to 8 hectares