DistantNews
Support us
๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taichung factory investments hit record $464.9 billion NT dollars, led by chipmakers

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Documents & data Context piece
  • Taichung's manufacturing sector saw a record 464.9 billion NT dollars in new fixed asset investment in 2024, leading all six special municipalities.
  • This surge is driven primarily by the electronics components industry, including semiconductors and advanced manufacturing, fueled by AI and HPC demands.
  • Major investments include new factories by Powertech and Largan Precision, alongside expansions in semiconductor and precision manufacturing by numerous other companies.

Taichung has solidified its position as a manufacturing powerhouse, attracting a record 464.9 billion NT dollars in new fixed asset investment in 2024, the highest among Taiwan's six special municipalities. This figure represents approximately 21% of the national total for new factory investments.

The lion's share of this investment, totaling 396.9 billion NT dollars, is directed towards machinery and factory construction, accounting for over 80% of the total. Land acquisition accounts for a smaller portion, at 26.3 billion NT dollars.

Analysis of the industrial breakdown reveals the electronics components sector as the primary driver, drawing 344.7 billion NT dollars. This includes significant investments in semiconductors, printed circuit boards, optoelectronic components, and passive components. The demand surge from AI, high-performance computing (HPC), advanced semiconductor processes, and smart manufacturing initiatives is fueling capacity expansions across the supply chain.

Other key sectors contributing to Taichung's investment boom include metal products (19.4 billion NT dollars), machinery equipment (17.3 billion NT dollars), and computer, electronic, and optical products (16 billion NT dollars). Notable large-scale investments include Powertech's new factory in the Taichung Industrial Park and its expansion into the Houli Science Park, as well as Largan Precision's ongoing expansion of its facilities in the Taichung Industrial Park and surrounding areas.

Beyond these major players, numerous other companies are expanding their presence in Taichung's high-tech and precision manufacturing landscape. These include Wanrun Technology, Chuanxin Precision, Shuo Ding Precision, Hengfeng International Electronics, Yicheng Intelligent Technology, and Hongjin Precision in the semiconductor and high-tech fields. In the machinery and precision manufacturing sector, Hiwin is expanding its high-end precision machinery capacity, Tan Hsing Precision is building a new production base, Taiwan Weishun Industrial is investing in a new plant, and Yuanzi System Integration has relocated its operations to Dali.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.