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Foreign firms confirm NT$46 billion in investments
Twelve overseas enterprises signed investment letters of intent (LOI) worth an estimated NT$46 billion (US$1.43 billion) at an event held by the Ministry of Economic Affairs (MOEA) at SEMICON Taiwan.
The firms come from different industries including IC design, IC manufacturing, semiconductor equipment and materials, biotech, real estate and logistics. They include the US's Applied Materials and Micron Technology; NXP Semiconductors of the Netherlands; Germany's Carl Zeiss Co.; and Taiwan Fujibo Precision Materials Co., Central Glass Co. and Taiwan Tanaka Kikinzoku Kogyo Co. from Japan.
In all, the ministry identified four as Japanese, three are American, three are European while two are from other regions.
An economic official told the media on the sidelines that they expected investment from the 12 companies to total around NT$46 billion over the next three years.
