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Chunghwa Precision Invests $87M in R&D HQ

Published: 04 October 2019
 by Chelsey Drysdale

TAOYUAN, TAIWAN – Chunghwa Precision Test invested some $87.1 million in a new 645,834 sq. ft. R&D headquarters here and will recruit some 1,000 new staff.

Chunghwa Precision produces IC testing equipment and currently has a workforce of around 900.

The R&D headquarters will focus on development of precision machinery, machinery processing and VPCs. Chunghwa Precision also expects to find talent in 5G technology and AIoT technologies.

In the third quarter, Chunghwa Precision posted new quarterly high consolidated sales of NT$1.1 billion ($36.2 million), up 64.4% year-over-year.

 

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