President Lai Ching-te attended the inauguration of an advanced assembly and testing plant Oct. 15 in Taichung City, stressing that the government will continue to support high-tech research, development and manufacturing in Taiwan.
The president said Micron Technology Inc., based in the U.S., has invested more than NT$1.6 trillion (US$49.59 billion) in Taiwan over the past three decades, adding that such long-term commitment reflects Micron’s confidence in Taiwan.
In January of this year, Lai met with Sanjay Mehrotra, Micron’s chair, president and CEO, at the Presidential Office. He said he personally expressed appreciation to Mehrotra for placing Taiwan at the center of his company’s global expansion project.
Both IC chips and memory are indispensable in a future driven by artificial intelligence, Lai said. He added that Taiwan, as home to Taiwan Semiconductor Manufacturing Co., is globally known for its advanced manufacturing, and thanks to Micron’s continuous investment, it is also known for its advanced assembly and testing technologies. The more the world needs AI, Lai said, the more it needs Taiwan as a trusted partner with complete industrial capabilities.
The new plant will enhance Taiwan’s ability to assemble and test high-bandwidth memories, the president said, adding that he expected the facility to play a critical role in promoting the global economy and driving further AI development in Taiwan.
In a move to promote investment, Lai said the government has extended the Three Major Programs for Investing in Taiwan to 2027 and expanded the scope to include both Taiwanese firms operating offshore and international businesses. He also said the Industrial Innovation Statute and other government projects will continue to provide incentives to global companies such as Micron to expand R&D in Taiwan and create more business opportunities for local firms in the process. (SFC-E)
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The president said Micron Technology Inc., based in the U.S., has invested more than NT$1.6 trillion (US$49.59 billion) in Taiwan over the past three decades, adding that such long-term commitment reflects Micron’s confidence in Taiwan.
In January of this year, Lai met with Sanjay Mehrotra, Micron’s chair, president and CEO, at the Presidential Office. He said he personally expressed appreciation to Mehrotra for placing Taiwan at the center of his company’s global expansion project.
Both IC chips and memory are indispensable in a future driven by artificial intelligence, Lai said. He added that Taiwan, as home to Taiwan Semiconductor Manufacturing Co., is globally known for its advanced manufacturing, and thanks to Micron’s continuous investment, it is also known for its advanced assembly and testing technologies. The more the world needs AI, Lai said, the more it needs Taiwan as a trusted partner with complete industrial capabilities.
The new plant will enhance Taiwan’s ability to assemble and test high-bandwidth memories, the president said, adding that he expected the facility to play a critical role in promoting the global economy and driving further AI development in Taiwan.
In a move to promote investment, Lai said the government has extended the Three Major Programs for Investing in Taiwan to 2027 and expanded the scope to include both Taiwanese firms operating offshore and international businesses. He also said the Industrial Innovation Statute and other government projects will continue to provide incentives to global companies such as Micron to expand R&D in Taiwan and create more business opportunities for local firms in the process. (SFC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
from Taiwan Today – Top News