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Taiwan creative electronics settles in Jiangbei New Area
2017-05-16

An important force of integrated circuit industry was added in Jiangbei new area. Recently, Nanjing Jiangbei New Area Management Committee and Taiwan Creative Electronics Co., Ltd. signed a strategic cooperation agreement. The two sides will jointly build the catalyst of scientific and technological innovation and industrial transformation and development in Jiangbei New Area. It also marks the creative electronics will officially settle in Jiangbei New Area, following the footstep of TSMC.

 

According to the agreement, Taiwan Creative Electronics will set up a wholly-owned subsidiary in Jiangbei New Area Industrial Technology Research Park with a registered capital of USD 10 million. It is mainly engaged in high-end chip designs with advanced high-end technology as the main development direction. The company is expected to earn business income of more than 500 million yuan in 5 years, while attracting a number of affiliated enterprises to settle in Jiangbei and promoting the industrial development.

 

Taiwan Creative Electronics is a professional IC design services company and the company is headquartered in Hsinchu, Taiwan. Branch offices are in Europe, Japan, Korea and North America and other places. In 2003, TSMC was involved in the investment of creative electronics in Taiwan, which has become the most important investment shareholder. The settlement of Taiwan's creative electronics will enhance Jiangbei New Area integrated circuit design industry level and help regional development of integrated circuit industry.

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