ProAsia to invest in chip materials
ProAsia Semiconductor Corp (積亞半導體, PASC) plans to invest NT$3 billion (US$107.63 million) to make third-generation semiconductor materials at Hsinchu Science Park, with an eye on the fast-growing electric vehicle, 5G and green energy markets, the Ministry of Science and Technology said yesterday. PASC is a newly created subsidiary of Optotech Corp (台亞半導體), a 30-year-old supplier of LED chips in Taiwan. Optech’s board of directors in December last year approved a plan to indirectly invest NT$3.1 billion in PASC’s founding to make inroads into the new semiconductor mater...
Source: taipeitimes.com