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Old Posted Nov 13, 2018, 11:25 AM
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Electronics giant Yageo to invest NT$10 billion in Taiwan’s Kaohsiung

Source: https://www.taiwannews.com.tw/en/news/3570906

Electronics giant Yageo to invest NT$10 billion in Taiwan’s Kaohsiung

Passive components maker is latest Taiwanese company to 'return home' amid U.S.-China trade war

By Matthew Strong,Taiwan News, Staff Writer
2018/11/08 16:56



(Taiwan News) – Yageo Corporation (國巨), a Taiwanese manufacturer of passive components for the electronics industry, is to invest more than NT$10 billion (US$326 million) in Kaohsiung, in another example of top Taiwanese companies returning to the island.

The company makes passive devices, such as resistors, capacitors, and inductors, for consumer, automotive and industrial clients.

Yageo approved a proposal Thursday to purchase a plot of more than 20,000 square meters in Kaohsiung’s Dafa industrial zone for NT$790 million (US$25.7 million) as the location for a new factory, the Central News Agency reported. The plan was only the start of a project to invest at least NT$10 billion over three years, the company said.

Yageo said its basic strategy in the face of the recent U.S.-China trade war was still to leave its roots in Taiwan while continuing to develop around the world. The island’s government has been encouraging Taiwanese businesses, which over the past decades invested massively in China, to return home and focus more on manufacturing in Taiwan.

When Apple Inc. published a list of its 200 major suppliers last March, at least three Yageo plants, two in the Chinese cities of Suzhou and Dongguan, and one in Kaohsiung, were featured, CNA reported.

Yageo was officially founded in 1989 by the brothers Wood (陳木元) and Pierre Chen (陳泰銘).


Kaohsiung 高雄 가오슝 เกาสง
Taiwan 台湾 대만 ไต้หวัน
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  #2  
Old Posted Nov 15, 2020, 11:45 AM
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https://focustaiwan.tw/business/202011140013


Yageo breaks ground on Kaohsiung plant for electronic components

11/14/2020 07:37 PM


CNA photo Nov. 14, 2020



Nov. 14 (CNA) Taiwan's largest passive electronic component supplier Yageo Corp. broke ground in Kaohsiung Saturday for a new plant that is expected to begin commercial production in 2022.

At the ground breaking ceremony, Yageo Chairman and CEO Pierre Chen (陳泰銘) said it was the company's first new plant in Kaohsiung in 15 years, as it embarked on a plan to move its high-end technology production back home from overseas.

With a completion date set for August 2022, the plant will produce passive electronic components such as chip resistors, inductors, and multi-layer ceramic capacitors (MLCC), starting in October that year, according to Yageo.

The plant is being built at a cost of NT$5 billion, with an additional NT$13 billion to NT$15 billion allocated for equipment to produce advanced MLCC, and it is expected to create 3,000 new jobs, the company said.

The facility will be a 10-story structure with a floor area of 85.800 square meters, about 1.3 times the size of Yageo's two other MCLL factories in Kaohsiung.

When the plant starts operation, 60 percent of Yageo's total MLCC production will be in Taiwan, and the other 40 percent overseas, according to Chen.

The production lines in Taiwan will be churning out specialty and high-end MLCCs for use in the fields of automotive electronics, medical care, aviation, 5G and the Internet of Things, among other areas, he said.

With three plants in operation in Taiwan, Yageo's MLCC production in the country will increase from 60 billion to 100 billion units per month, cementing the company's position as a leading MLCC supplier in the world, Chen said.

In addition, Yageo will strengthen its development of high-tech technology through expansion, he said, citing the company's acquisition earlier this year of American companies Kemet Corp. and Pulse Electronics Corp. at a cost of US$1.64 billion and US$740 million, respectively.

Yageo will continue to invest in Kaohsiung, as part of its plan to make Taiwan its manufacturing hub over the next five years, Chen said.

The company said it also aims to create a research and development hub in Taiwan, and to that end, it is teaming up with National Cheng Kung University (NCKU) in Tainan to open an R&D center, under which it will set up an academy to foster a talent pool for the development of passive electronic components.

Yageo has invested at least NT$50 million in the R&D center, which has two research compounds, one in Kaohsiung and the other at the university.

Currently, Yageo ranks as the largest maker of chip resistors and tantalum capacitors in the world, but only 25 percent of its employees are in Taiwan, while 50 percent of its overseas workers are in China.

(By Chung Jung-feng and Frances Huang)

Kaohsiung 高雄 가오슝 เกาสง
Taiwan 台湾 대만 ไต้หวัน
__________________
"Asia's New Bay Area - 2020 Horizon Open House Quick Review" https://www.youtube.com/watch?v=iVn16Cg1zXE
"Flying Over Kaohsiung" https://www.youtube.com/watch?v=uHgbfzNqduc
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  #3  
Old Posted Nov 22, 2020, 3:52 PM
pttwarrior pttwarrior is offline
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https://www.taipeitimes.com/News/biz.../16/2003746971


Yageo breaks ground on new plant

COMING HOME: In addition to the NT$5 billion Kaohsiung facility, the company said it was creating a research and development center with National Cheng Kung University

Staff writer, with CNA


Yageo Corp chairman Pierre Chen speaks at a news conference at the company’s plant in Kaohsiung’s Nanzih Export Processing Zone on Saturday.
Photo: CNA


The plant is being built at a cost of NT$5 billion (US$173.33 million), with an additional NT$13 billion to NT$15 billion allocated for equipment to produce advanced MLCCs, and is expected to create 3,000 new jobs, the company said.

The facility would have 10 stories with a floor area of 85,800m2, about 1.3 times the size of Yageo’s two other MLCC factories in Kaohsiung.

When the plant starts operation, 60 percent of Yageo’s total MLCC production would be in Taiwan, Chen said.

The production lines in Taiwan are to manufacture specialty and high-end MLCCs for use in the fields of automotive electronics, medical care, aviation, 5G and the Internet of Things, among others, he said.

With three plants in operation in Taiwan, Yageo’s MLCC production capacity would increase from 60 billion to 100 billion units per month, cementing its position as a leading global MLCC supplier, Chen said.

Yageo would also boost its development of high-technology through expansion, he said, citing the company’s acquisition earlier this year of US companies Kemet Corp and Pulse Electronics Corp for US$1.64 billion and US$740 million respectively.

Yageo would continue to invest in Kaohsiung as part of its plan to make Taiwan its manufacturing hub over the next five years, Chen said.

The company said it has teamed up with National Cheng Kung University in Tainan to establish a research and development center, where it would set up an academy to foster talent for the development of passive components.

Yageo has invested at least NT$50 million in the center, which has two research compounds, one in Kaohsiung and the other at the university.

Yageo is the largest maker of chip resistors and tantalum capacitors, but only 25 percent of its employees are in Taiwan, while 50 percent of its overseas workers are in China.




Yageo Corp (國巨), the nation’s largest passive components supplier, on Saturday broke ground for a new plant in Kaohsiung that is expected to begin commercial production in 2022.

Yageo chairman Pierre Chen (陳泰銘) told the groundbreaking ceremony that it would be the company’s first new plant in the city in 15 years as it embarks on a plan to move its high-end technology production back home from overseas.

The plant, which is expected to be completed in August 2022, would produce passive components, such as chip resistors, inductors and multi-layer ceramic capacitors (MLCCs), starting in October that year, Yageo said.


Kaohsiung 高雄 가오슝 เกาสง
Taiwan 台湾 대만 ไต้หวัน
__________________
"Asia's New Bay Area - 2020 Horizon Open House Quick Review" https://www.youtube.com/watch?v=iVn16Cg1zXE
"Flying Over Kaohsiung" https://www.youtube.com/watch?v=uHgbfzNqduc
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