Google Reinvests in Taiwan, Ministry of Economic Affairs Approves Total Capital Increase of NT$27 Billion
The Ministry of Economic Affairs has approved Google's reinvestment in Taiwan, totaling NT$27.0776 billion in capital increases. This investment is aimed at strengthening data processing and semiconductor-related operations, marking Google's second consecutive year of significant investment in Taiwan.
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- 📰 Published: April 21, 2026 at 18:18
- 🔍 Collected: April 21, 2026 at 18:31 (13 min after Published)
- 🤖 AI Analyzed: April 22, 2026 at 00:56 (6h 24m after Collected)
Central News Agency
(Central News Agency reporter Tseng Chih-yi, Taipei, 21st) The Ministry of Economic Affairs today approved 7 major investment projects. Among them, two foreign investment cases are from U.S. company Google's capital increase, totaling NT$27.0776 billion, for engaging in data processing, semiconductor-related inventory procurement, and other businesses. This also marks Google's second consecutive year of applying for capital increase in Taiwan.
The Investment Commission of the Ministry of Economic Affairs held its 30th meeting today, approving 7 major investment projects.
Regarding foreign investment, three cases were approved this time. First, U.S. company Google, through its wholly-owned subsidiary FRUCTAN HOLDINGS SINGAPORE PTE. LTD., will increase capital in Taiwan Chartered Investment Consulting Co., Ltd. with foreign currency equivalent to NT$25.3376 billion, to engage in data processing and electronic information supply services.
The second case is also a U.S. company Google investment project. It will indirectly, through its wholly-owned subsidiary CONNECTDS SINGAPORE PTE. LTD., increase capital in Taiwan Corgi Supply Chain Co., Ltd. with foreign currency equivalent to NT$1.74 billion, to engage in semiconductor-related inventory procurement and other businesses.
Officials from the Investment Commission added that Google's previous capital increase was in March last year, when Google UK's subsidiary increased capital in Taiwan Corgi Engineering Co., Ltd. by approximately NT$7 billion.
The third case is British Cayman Islands company KKCOMPANY TECHNOLOGIES INC. acquiring approximately 88.72% of the shares of Rhea Co., Ltd. for US$55.202 million, to engage in online learning platforms and new media creator management businesses.
A total of four outbound investment cases were approved. The first case is Compal Electronics, Inc. investing US$85 million in AC ADVANCED TECH, L.P. in the British Virgin Islands, to engage in investment consulting, undertaking investment portfolios, and fund management businesses.
Cathay Life Insurance Co., Ltd. will convert its creditor's rights of 285 million British Pounds (approximately equivalent to US$391.407805 million) against its investee company CATHAY WALBROOK HOLDING 1 LIMITED in Jersey, British Isles, into increased capital for the aforementioned investee company, to engage in real estate investment management operations.
Walsin Lihwa Corporation will invest 70 million Euros in WALSIN LIHWA EUROPE S.A R.L. in Luxembourg, to engage in investment holding businesses and serve as Walsin Lihwa Corporation's European regional management center and substantial holding company.
Nanya Technology Corporation will invest US$400 million in NANYA TECHNOLOGY INTERNATIONAL, LTD. in the British Virgin Islands, to engage in general investment businesses, primarily using U.S. dollar fixed deposits to reduce Nanya Technology's foreign exchange hedging costs. (Editor: Pan Yi-ching) 1150421
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(Central News Agency reporter Tseng Chih-yi, Taipei, 21st) The Ministry of Economic Affairs today approved 7 major investment projects. Among them, two foreign investment cases are from U.S. company Google's capital increase, totaling NT$27.0776 billion, for engaging in data processing, semiconductor-related inventory procurement, and other businesses. This also marks Google's second consecutive year of applying for capital increase in Taiwan.
The Investment Commission of the Ministry of Economic Affairs held its 30th meeting today, approving 7 major investment projects.
Regarding foreign investment, three cases were approved this time. First, U.S. company Google, through its wholly-owned subsidiary FRUCTAN HOLDINGS SINGAPORE PTE. LTD., will increase capital in Taiwan Chartered Investment Consulting Co., Ltd. with foreign currency equivalent to NT$25.3376 billion, to engage in data processing and electronic information supply services.
The second case is also a U.S. company Google investment project. It will indirectly, through its wholly-owned subsidiary CONNECTDS SINGAPORE PTE. LTD., increase capital in Taiwan Corgi Supply Chain Co., Ltd. with foreign currency equivalent to NT$1.74 billion, to engage in semiconductor-related inventory procurement and other businesses.
Officials from the Investment Commission added that Google's previous capital increase was in March last year, when Google UK's subsidiary increased capital in Taiwan Corgi Engineering Co., Ltd. by approximately NT$7 billion.
The third case is British Cayman Islands company KKCOMPANY TECHNOLOGIES INC. acquiring approximately 88.72% of the shares of Rhea Co., Ltd. for US$55.202 million, to engage in online learning platforms and new media creator management businesses.
A total of four outbound investment cases were approved. The first case is Compal Electronics, Inc. investing US$85 million in AC ADVANCED TECH, L.P. in the British Virgin Islands, to engage in investment consulting, undertaking investment portfolios, and fund management businesses.
Cathay Life Insurance Co., Ltd. will convert its creditor's rights of 285 million British Pounds (approximately equivalent to US$391.407805 million) against its investee company CATHAY WALBROOK HOLDING 1 LIMITED in Jersey, British Isles, into increased capital for the aforementioned investee company, to engage in real estate investment management operations.
Walsin Lihwa Corporation will invest 70 million Euros in WALSIN LIHWA EUROPE S.A R.L. in Luxembourg, to engage in investment holding businesses and serve as Walsin Lihwa Corporation's European regional management center and substantial holding company.
Nanya Technology Corporation will invest US$400 million in NANYA TECHNOLOGY INTERNATIONAL, LTD. in the British Virgin Islands, to engage in general investment businesses, primarily using U.S. dollar fixed deposits to reduce Nanya Technology's foreign exchange hedging costs. (Editor: Pan Yi-ching) 1150421
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The text, images, and videos on this website may not be reproduced, broadcast, or transmitted publicly without authorization.