The InvesTaiwan Service Center on Thursday approved applications from three companies to invest a combined NT$4 billion (US$144 million) through the government’s incentive programs, the Ministry of Economic Affairs said. Asia IC MIC-Process Inc (亞泰半導體設備), which has been engaged in chemical mechanical polishing (CMP) slurry and chemical supply systems used in semiconductor processing since its founding in 1997, is to invest NT$800 million to build smart production lines at a new plant in the Hsinchu Industrial Park (新竹工業區), the ministry said in a statement. The Hsinchu-based company, which also operates in China, Malaysia and the US, counts major global semiconductor makers among