Reported about 1 year ago
On July 5, 2024, the Ministry of Economic Affairs Investment Taiwan Office announced that three more companies, including Taiwan Cement Group's San Yuan Energy Technology, An Hwoa Enterprise, and Cheng Ding Industry, have expanded their investments in Taiwan, bringing the total investment of the Taiwan Investment Three Major Plans to over 2.3 trillion yuan, creating a total of 152,000 domestic job opportunities. San Yuan Energy Technology, a subsidiary of Taiwan Cement Group, will establish an advanced lithium ternary battery plant in Kaohsiung, focusing on high-performance products for electric vehicles, eVTOL aircraft, and data center power backup systems, with an estimated annual output value of tens of billions of yuan.
Source: YAHOO