By Natasha Li / Staff reporterFlat-panel maker Innolux Corp (群創) is to invest NT$70.1 billion (US$2.29 billion) in Taiwan, the Ministry of Economic Affairs said yesterday, after approving the company’s plan to participate in a government program encouraging Taiwanese firms to return and invest at home. The applicants have pledged to invest NT$697.1 billion — of which NT$200 billion has been committed for this year — and create 56,294 job opportunities, the ministry said. Innolux is focusing on producing large LCD panels with high contrast and high refresh rates, as it looks to strengthen its presence on the global gaming market, the ministry said. Super Micro Computer Inc’s application to participate in another government-subsidized program promoting investment in Taiwan has also been approved, the ministry said. Super Micro’s plan is expected to create 1,700 job opportunities, it said.

Source: Taipei Times November 14, 2019 16:01 UTC