MiTAC planning NT$12.62bn in local investment

MiTAC Computing Technology Corp (神雲科技), a provider of server and data center solutions, has received approval for a NT$12.62 billion (US$389.97 million) investment to expand its high-end server capacity in Taiwan, the Ministry of Economic Affairs (MOEA) said yesterday.

Invest Taiwan, an interministerial agency of the MOEA, approved the investment proposal on Friday as part of the government’s “Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan,” the MOEA’s Department of Investment Promotion said in a statement.

Under the initiative, MiTAC Computing, a subsidiary of MiTAC Holdings Corp (神達控股), plans to build a new manufacturing facility in Taoyuan’s Yangmei District (楊梅), and expand production lines at its facilities in Miaoli County’s Jhunan Township (竹南) and New Taipei City’s Linkou District (林口), according to the department.

MiTAC Computing Technology Corp’s logo is pictured at a trade show in an undated photograph.

Photo: Fang Wei-chieh, Taipei Times

The expansion project is expected to create 300 domestic jobs.

The ministry said the expansion is aimed at meeting growing artificial intelligence (AI) computing demand.

MiTAC Computing plans to introduce smart manufacturing technologies and establish an enterprise AI computing center to improve production efficiency and support data analysis and digital twin applications.

This is the second time MiTAC Computing has filed an investment plan under the government’s reshoring program, which was launched in 2019, the ministry said.

The investment would strengthen Taiwan’s smart manufacturing capabilities and reinforce its role in the global AI supply chain, it said.

According to ministry statistics, the government’s three major investment incentive programs attracted a combined NT$2.84 trillion in investment from 1,830 companies to date, generating an estimated 170,481 local jobs.

Of those, the reshoring program for overseas Taiwanese businesses has attracted 368 companies with planned investments of about NT$1.55 trillion, creating 97,136 jobs. Another 14 applications are under review.