Production starts at new Foxsemicon fab in Miaoli - News Summed Up

Production starts at new Foxsemicon fab in Miaoli


Production starts at new Foxsemicon fab in MiaoliBy Lisa Wang / Staff reporterFoxsemicon Integrated Technology Inc (京鼎) yesterday said its new factory had entered operation and would generate NT$3 billion (US$95.15 million) in production value at full utilization. The semiconductor equipment component manufacturing arm of Foxconn Technology Group (富士康科技集團) in January invested NT$2.4 billion to build the fab in Miaoli County’s Jhunan Township (竹南) amid a thriving semiconductor industry worldwide. Foxsemicon Integrated Technology Inc president Chiu Yao-chan, center, raises a torch during a ceremony to mark the start of operations at the company’s new factory in Miaoli County yesterday. “The semiconductor equipment supply chain has not felt the chill of winter yet,” Chen said. SEMI also forecast that global spending on semiconductor equipment next year would remain in high gear at about US$97 billion.


Source: Taipei Times October 07, 2022 10:29 UTC



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