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The
Ministry of Economic Affairs' Investment Commission approved on December 27
applications by Powerchip Semiconductor Corp. (PSC) and ProMos Technologies to
move their 8-inch wafer fabs to
China
.
PSC has applied with the ministry to remit US$410 million to
China
for the investment project using 0.25-micron or larger processes, while ProMos
has applied to remit US$365 million for a similar project.
Officials at the commission said the two companies need to present proof
showing that their 12-inch wafer fabs in
Taiwan
have entered mass production before they can apply for export permits with the
Bureau of Foreign Trade to move their 8-inch wafer production facilities to
China
.
Also approved on December 27 was an application by Advanced Semiconductor
Engineering Inc. to invest US$
600 in
China
's Global Advanced Packaging Technology.
(Source: Central News Agency)
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