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Powerchip to build $9bn chip manufacturing plants in Taiwan

Founder and CEO says island's chip sector continues to outperform China

Taiwanese chipmaker Powerchip says it will invest $9.03 billion to build two more chip facilities in Taiwan. (Photo by Lauly Li)

TAIPEI -- Taiwanese chipmaker Powerchip on Monday said it planned to invest 278 billion New Taiwan dollars ($9.03 billion) to build two more plants on the island for the manufacture of 12-inch chips as part of the company’s strategy to bolster its foundry business and return to the stock market by 2020.  

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