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Technology / AI and automation

WINBOUND, VC FIRM TO INVEST IN SEMICONDUCTOR WAFER PLANT

Winbond Electronics Corp, Taipei and China Development Corp, a major Taiwanese venture capital fund, will invest in a semiconductor wafer plant at northern Hsinchu Science Park. The new plant is capitalized at about $290m and is expected to begin production in the second half of 1998. Winbond, Taiwan’s third- biggest semiconductor maker, did not give the ownership details.

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