Qualcomm to Invest $1 Billion in Taiwan Display Plant
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Qualcomm Inc., the world’s largest maker of mobile phone chips, will invest about $1 billion in a new computer-display plant in Taiwan, the island’s Ministry of Economic Affairs said today.
The U.S. company agreed to invest the amount in 2011 in a plant making screens using its Mirasol technology, the ministry said in a statement posted on its website, without giving more details. A phone call to the office of Adrian Fu, a Hong Kong-based spokesman for Qualcomm, seeking comment went unanswered.