POST Online Media Lite Edition


U.S. investment to create more than 500 jobs in Taiwan

Staff writer |
Ten local investment projects launched by U.S.-based businesses could create more than 500 jobs for Taiwan, the Industrial Development Bureau said.

Article continues below

The investments are expected to generate industrial benefits worth NT$290.8 billion ($9.3 billion), more than four times the initial investment amount of NT$7.1 billion ($239.3 million). Among the projects is a three-year plan by human interface developer Synaptics that aims at establishing an IC chip design and development center at a cost of NT$510 million ($17.2 million).

PC vendor Dell is spending NT$1 billion ($33.7 million) to set up a low-energy cloud computing data center also over the next three years, the bureau announced.

Another 17 US-Taiwan industrial cooperation projects were separately sealed this year, the statement said. Next year, US investments in Taiwan look set to go even higher, as search giant Google works on a plan to double its $300 million investment as it builds a new data center in Taiwan.

What to read next

Signing seals world's first compound semiconductor cluster in Wales
More than 25,000 jobs supported in New York State
India to create 100 million jobs