Taichung EPZ Aims for Annual Revenue of Over NT$100 B. in 2011

Taipei, March 18, 2011 (CENS)--With more factories becoming operational, Taichung Export Processing Zone Administration projects annual revenue generated in the zone to hit the NT$100 billion mark the first time this year.

Riding on rapid economic recovery along with large-sized firms as Wintek Corp. (touch panel maker) and Canon (optical products) posting shining sales revenues, Taichung EPZ saw its overall revenue surge by 65.19% to hit an all-time high of NT$84.3 billion in 2010, compared to NT$51 billion posted in 2009.

Taichung EPZ Administration officials noted that the revenue is very likely to shoot up to more than NT$100 billion this year, as high-tech firms have stepped up their factory expansion in the zone along with the heating up of the global economy.

After over one year of zone layout rearrangement, the administration is poised to provide additional 1.1 hectares of land space to Canon for factory expansion this year, which will help to bring an annual increase of NT$1.4 billion in the zone's total revenue in the future. Besides, Lingsen Precision Industries Ltd., a joint venture between Mitsubishi Electric Corp. and Dahsen Electronic Industries, Ltd. to engage in semiconductor testing and packaging, has also rented two more hectares of land area from the administration to build new production lines there.

At present, Taichung EPZ occupies an area of 26.12 hectares, with a total of 51 registered companies operating their factories in the zone. Of the zone's revenue for 2010, 55.6% was generated by electronics parts manufacturers and 36.04% by computer and optoelectronics suppliers, up 61.16% and 90.91%, respectively, from a year earlier, according to administration officials.