Yageo Corporation today (11/14) grandly held the ground-breaking ceremony for the third plant of Kaohsiung Dafa and the unveiling ceremony of Yageo Group-Chengdu University Joint R&D Center. The ceremony was personally presided over by Yageo Chairman Chen Taiming and invited Kaohsiung City Chief Chen Qimai and Minister of Economic Affairs Wang Meihua , President Su Huizhen of National Cheng Kung University, Director Lu Zhenghua of the Bureau of Industry, Member Qiu Zhiwei of the Legislative Yuan, Member Xu Zhijie, Member Lin Daihua and CEO of Investment Taiwan Office Zhang Mingbin and other VIPs came to the venue to cut the ribbon and give speeches, witnessing Guoju's return to Taiwan to expand investment in high-end production bases and global R&D centers , Continue to implement the corporate strategy of "Remaining in Taiwan and Layout Globally".

Yageo’s niche and high-end products will focus on Taiwan’s production and R&D. In response to the development of high-end automotive, industrial, medical, aerospace, and 5G/IoT, the company has also launched a series of investment activities in Taiwan in recent years, including In 2018, we obtained land from Kaohsiung's Dafa Industrial Zone for the establishment of factories, took the lead in responding to the "Taiwanese Investment Action Plan" in early 2019, and signed a letter of intent to invest in Kaohsiung Qiaotou Science Park in December 2019.

In order to meet the needs of global customers and the growth of long-term orders, Yageo has expanded the production capacity of niche and high-end products in Taiwan. In addition to the groundbreaking ceremony of the new factory of Dafa, it will increase its investment in the Kaohsiung Taisha, Nanzi and Dafa factories. Expanding production lines to increase production capacity and optimize product mix. The company is responding to and reducing the possible impact of the global trade war and the epidemic. At the same time, it also prioritizes the promotion of employee employment, which will bring thousands of job opportunities.

In addition, in order to ensure the long-term growth of the company’s business performance and build sustainable business strength, Yageo Group and Chenggong University established a joint research and development center, and combined with the Ministry of Science and Technology project plan, invested in the development of forward-looking passive components, nurturing talents and industry Cooperation. In the future, Yageo will continue to make good use of Taiwan’s advantages such as excellent R&D technology, complete industrial clusters and supply chain, continue to invest in high-end products in Kaohsiung, add R&D centers, and integrate the group’s internal bases such as Kemei, Pusi, Qilishin, and Tongxin High-end key component technologies such as Electric Power, Kaimei, etc., will retain the high-end technology development in Kaohsiung to strengthen Yageo’s leading position in passive components in the world.

Mr. Chen Taiming, the founder and chairman of Yageo Group, founded Yageo Group 40 years ago and has been deeply involved in the passive component industry. Through the strategy of global layout and diversified product portfolio, Yageo has become the world's leading passive component service provider. The production capacity of R-chip and Tantalum is the world's largest, and the production capacity of ceramic capacitors (MLCC) ranks third in the world. Chairman Chen Taiming has deep industrial innovation thinking, leading Yageo to create a new era of passive component industry in Taiwan, and has made a lot of contributions to Taiwan’s industry and society. In 109, he was ranked second in the top 100 Taiwan CEOs by the Harvard Business Review (HBR). And the alma mater National Cheng Kung University awarded the annual outstanding alumni. Chairman Chen once expressed perceptually that "deeply plowing Taiwan is not just a slogan, but actually taking action." The start of the new factory of Dafa and the establishment of the National Chengda University R&D Center are precisely to achieve this goal by bringing Taiwan’s talents and industries As well as upgrading the structure to an international scale, it also brings back the momentum of foreign research and development to Taiwan. This is the best practical portrayal of Chairman Chen's permanent roots in Taiwan after years of riding in the global technology industry.