Quanta planning NT$910m expansion in ThailandBy Angelica Oung / Staff reporterQuanta Computer Inc (廣達電腦) is to invest NT$910 million (US$32.15 million) to expand capacity in Thailand through its subsidiary QMB Co, the company said in a regulatory filing yesterday. The investment is part of Quanta’s NT$2 billion Thai expansion plans, which it announced in a regulatory filing in November last year. Quanta Computer Inc chairman Barry Lam speaks at a meeting of the AI on Chip Taiwan Alliance in Taipei on Sept. 21 last year. Photo: Tu Chien-jung, Taipei TimesIn an investors’ conference call, Quanta chairman Barry Lam (林百里) described the move to Thailand as a “must.”According to the Taiwan Stock Exchange filing, Quanta entered into a contract with Cheer You Construction Thailand (啟宇營造). In addition to investing in Thailand, Quanta has continued to expand its Taiwanese production capacity.

Source: Taipei Times February 26, 2021 15:56 UTC