TAOYUAN CITY, TAIWAN – Speedy Circuits plans to invest NT$180 million (US$6.3 million) in a new printed circuit board factory here as part of the government’s Invest in Taiwan initiative, according to reports.

The site will create 40 jobs and include automated production lines and smart manufacturing equipment to produce small custom orders.

The company’s decision to invest in a new factory came after growth in servers and network equipment and demand for 5G.