German chip chemical supplier Merck to invest 500 million euros in Taiwan

German chip chemical supplier Merck to invest 500 million euros in Taiwan

German chip chemical supplier Merck to invest 500 million euros in Taiwan

Information about German chip chemical supplier Merck to invest 500 million euros in Taiwan

Kevin David Scam or Legit


By Sarah Wu
TAIPEI (Reuters) – German supplier of chemicals and materials used in making semiconductors, Merck KGaA, announced on Tuesday it is to invest 500 million euros in Taiwan over the next five to seven years, primarily in semiconductor technologies.
Merck said it would be its largest investment in Taiwan since it established operations there in 1989.
“In the past year, the industry experienced a lot of supply chain challenges. Our investment project will help to resolve these issues,” Kai Beckmann, chief executive of the German firm’s electronics unit, told a news conference in Taipei via video link.
“We strengthen our local production and new capabilities to support fast-growing semiconductor demand in Taiwan but also to cater to an increasing demand in the rest of the world,” Beckmann said, …

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