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2020-01-16
InvesTaiwan today (16th) convened the joint review meeting of the 51th Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan and the 19th Action Plan for Accelerated Investment by Domestic Corporations. Total investments of NT$3.5 billion by GMT Global Inc., Materials Analysis Technology Inc., and Aviocast Inc. were approved during the meetings. .
Since the Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan was implemented on January 1, 2019, a total of 169 Taiwanese businesses have invested NT$715.8 billion and created 59,148 employment opportunities. After the Action Plan for Accelerated Investment by Domestic Corporations was implemented on July 1, 2019, a total of 42 companies invested approximately NT$93.6 billion, which is expected to create 6,869 domestic employment opportunities. Now, the two plans combined with the Action Plan for Accelerated Investment by SMEs have attracted 339 companies with investing approximately NT$864.1 billion and creating 71,476 domestic employment opportunities.
The smart manufacturing solutions of GMT Global Inc., a major manufacturer of automation parts, are extensively applied in the electronics and semiconductor industry. The high tariffs of the trade war have significantly impacted X-Y table, and linear motion guide products, and the trade war caused quite a few Taiwanese businesses to return to Taiwan. The company thus decided to invest NT$800 million to purchase automated mechanical equipment for its plants in Buxin, Yuanlin, Changhua and Changhua Coastal Industrial Park, increasing the ratio of its production in Taiwan to disperse its risk and serve end customers that return to Taiwan. GMT Global Inc. started out as a mold manufacturer and transitioned into the automation parts and molds market, gaining a competitive advantage through highly customized parts with a 95% local content rate. It is a frequent winner of the 10 Taiwan Excellence Awards and Taiwan SMEs Innovation Award. GMT Global Inc. supplies the multi-lens modules and touch modules to its major end customers, including Apple, Huawei, OPPO, Foxconn, Innolux, Xinjuke, Xiaomi and other first-tier manufacturers in the mobile phone market. Besides, its customers in China account for over half of its revenue. The company has been actively expanding into the automobile applications, semiconductor, optical fiber, and biomedical industries in recent years to lower its concentration in a single market. This investment will achieve the goal of a smart factory, and create 50 domestic employment opportunities.
Materials Analysis Technology Inc., a major semiconductor testing company, will invest NT$2.2 billion to purchase advanced processing testing and analysis equipments for its five laboratories in Hsinchu and Tainan, in order to respond to changes in the global situation and market. It will recruit about 200 domestic professionals to increase its service capabilities. The company utilizes its technology and cost advantages to expand into the European, American, and Japanese markets, providing testing and analysis services to IC, flat-panel display, optoelectronics, testing and packaging, nano devices and materials companies. It is the best partner of the R&D department of the high-tech industry, and is trusted by major international semiconductor companies. As the U.S.-China trade war becomes a tech war, both sides are accelerating the independency of their semiconductor supply chain. And, Taiwanese wafer fabs and Japanese semiconductor equipment manufacturers continue to develop advanced process scaling technology, driving large demand for 7nm to 5nm and next generation 3nm. Besides, related end product applications will flourish with the whole world entering the 5G era. Driven by these three major market trends, Materials Analysis Technology Inc. will continue to deeply develop in Taiwan with advanced processes, automotive electronics, and 5G industries as its main development direction, fully introduce intelligent functions, and achieve the goal of a comprehensive intelligent laboratory.
Aviocast Inc. is the only private company in Taiwan that has obtained an international aerospace aluminum casting certification, and is also one of very few casting companies in the world with both dry sand mold and precision casting processes. It also has five other certifications including aerospace AS9100 quality management system certification and NADCAP special processes. Its customers can be found throughout Europe, America, and Asia, including the Safran Group, Honeywell, GE, United Technologies, SPP, KHI, and ADIC. Aviocast Inc. is a member of Taiwan’s A-Team 4.0, and has received purchase orders for the new trainer aircraft from the Indigenous Fighter Plane Program. In order to accelerate the development schedule, meet new-type parts development and mass production orders, the company will invest more than 500 million to promote the intelligentization of production bases in Taichung Industrial Park , upgrade casting technology, introduce automated equipment and automatic detection systems for improving quality. It will transform and upgrade traditional casting factories to a smart factory that combines safety, environmental protection and efficiency, attracting more talents to the aerospace foundry industry. This investment will create 15 new domestic employment opportunities.
Spokesperson of InvesTaiwan: Acting COO He Kun-Sung
Telephone: 02-2311-2031 Ext.: 808
Mobile Phone: 0966-533-987
Email: ksho@moea.gov.tw
Source: Department of Investment Services, MOEA
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