New investments exceed NT$441 billion

Alfred Lee, The China Post

The new investments in the first six months of this year totaled NT$441.464 billion, which represents about 71 percent of the annual investment target of NT$661.8 billion, according to the Ministry of Economic Affairs (MOEA). The figure does not include the investment projects with an investment capital lower than NT$200 million. The semiconductor sector is still a heavily invested area with eight investment projects each exceeding NT$10 billion. Powerchip Semiconductor Corp. invested NT$64.4 billion, Nanya Technology Corp., NT$59 billion, and Winbond Electronics Corporation, NT$24 billion, ProMOS Technologies, NT$20.3 billion, Episil Technologies Inc., NT$10 billion, Acer Display Technology, NT$37.5 billion, Ritek, NT$35 billion, Formosa PetroChemical Co. NT$11.5 billion, Formosa PetroChemical’s Sixth Naphtha cracker plant, NT$19.1 billion, the joint venture of Uni President and Compal, NT$30 billion for the production of low temperature polymer display, and a joint venture of Formosa PetroChemical with 20 local plants for power generation, NT$10 billion.

The MOEA estimated that the semiconductor sector would make another NT$235 billion investment in the second half of this year.

MOEA officials also said that the liquid crystal display (LCD) manufacturers would invest NT$155.1 billion, and information appliance makers, NT$700 billion in the second half of this year.