Micron Memory granted NT$4.7bn subsidy: ministry - News Summed Up

Micron Memory granted NT$4.7bn subsidy: ministry


Micron Memory granted NT$4.7bn subsidy: ministryBy Meryl Kao / Staff reporterMicron Memory Taiwan Co, a subsidiary of US memorychip maker Micron Technology Inc, has been granted a NT$4.7 billion (US$149.5 million) subsidy under the Ministry of Economic Affairs A+ Corporate Innovation and R&D Enhancement program, the ministry said yesterday. The US memorychip maker’s program aims to back the development of high-performance and high-bandwidth memory chips with a total budget of NT$11.75 billion, the ministry said. Aside from the government funding, Micron is to inject the remaining investment of NT$7.06 billion as the company applied to participate the government’s Global Innovation Partnership Program to deepen technology cooperation, a ministry official told the Taipei Times by telephone yesterday. The Micron Technology Inc offices in San Jose, California, are pictured on Dec. 16. The project is to run until October 2028 and the ministry hopes to strengthen Taiwan’s technological capabilities in advanced memory through large-scale research and development investment, the official said.


Source: Taipei Times December 30, 2025 16:58 UTC



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