Scope : To Set up a Research and Development (R&D) Center in Taiwan
Advanced Micro Devices Inc (AMD) has applied to set up a research and development (R&D) center in Taiwan as part of the governmentβs A+ Industrial Innovative R&D Program.
The ministry did not disclose the investment amount or what the plan is.
The program covers three major fields β artificial intelligence (AI), new generation semiconductors, including high-power and high-frequency integrated circuits (ICs), and new 5G network structures.
It aims to encourage local and foreign technology firms to invest in Taiwan and for the nation to become a global R&D hub.
A qualified applicant would receive a subsidy worth up to 50 percent of its investment.
AMD is planning to invest about NT$5 billion (US$155 million) and the ministry has given the company conditions that must be met to receive the subsidy.
The ministry also required AMD to recruit enough foreign talent to account for at least 20 percent of its R&D workforce in Taiwan, so that the tech giant would not have to compete with Taiwanese firms for local talent.
π Key Information
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Tender Reference No.
504035686
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Publication Date
21 May 2024
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Estimated Value
USD 155000000
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Sector
laboratory equipment and services
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Deadline
31 Dec 2026
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Notice Type
Projects
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Location
United states
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Contract Duration
2 Years 7 Months 10 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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