Sigurd allowed to invest NT$4bn on smart lines
The InvesTaiwan Service Center yesterday approved an application by Sigurd Microelectronics Corp (矽格) to invest NT$4 billion (US$144.5 million) to expand smart production lines at its plants in Hsinchu County’s Jhudong (竹東) and Hukou (湖口) townships, the Ministry of Economic Affairs said. The investment by Sigurd, which provides semiconductor back-end manufacturing services, comes as more semiconductor companies are expanding production capacity to meet increasing demand. <strong>‘DRIVING FORCE’</strong> “The COVID-19-pandemic-induced stay-at-home economy and the...