ChipMOS joins investment program, pledging NT$12.5bn to raise capacityBy Lisa Wang / Staff ReporterChipMOS Technologies Inc (南茂科技) has pledged to invest NT$12.5 billion (US$418.2 million) in expanding capacity in Taiwan, the Ministry of Economic Affairs announced yesterday as it approved the driver IC and memorychip tester and packager’s application to participate in a government incentive program. The capacity expansion would help ChipMOS explore new business opportunities in the 5G and automotive fields, the ministry said in a statement. A ChipMOS Technologies Inc plant is pictured at the Southern Taiwan Science Park in Tainan on Sept. 27, 2019. Photo: Yang Chin-cheng, Taipei TimesIt would be the firm’s second investment through the Invest Taiwan initiative, it added. Part of the investment would also be allocated to build solar energy facilities, it said.
