Darwin plans to invest NT$1bn in TaiwanBy Angelica Oung / Staff reporterTaiwanese backlight module maker Darwin Precisions Corp (達運精密) has pledged to invest NT$1 billion (US$33.79 million) to expand its production capacity in Taiwan as part of the government’s Invest in Taiwan initiative, the Ministry of Economic Affairs said yesterday. “It is a supplement, but we have a lot of other considerations for expanding our production in Taiwan,” Ching told the Taipei Times. Darwin said that its operations in Taiwan account for less than 20 percent of its total revenue, with the majority coming from China. Aside from seeking to stabilize supply and reduce risks amid China-US trade tensions, Darwin aims to keep “sensitive” production in Taiwan, Ching said, citing the company’s desire to keep proprietary technologies at home. “There are some technologies and resources, such as our fine-metal-mask production, that we will always keep in Taiwan,” he said.

Source: Taipei Times July 16, 2020 15:56 UTC