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Novatek Plans $640 Million R&D Center in Taiwan’s Tech Hub

The semiconductor maker aims to cut carbon emissions while boosting research capabilities in Tainan
Taiwan
n 3034.TW Mid and Small Cap 2000 Semicon 75 Tech 350
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Novatek Microelectronics Corp. is expanding its footprint in Taiwan’s semiconductor ecosystem with a NT$2 billion ($640 million) research facility in Tainan Science Park, betting on growing demand for display driver chips.

The seven-story complex, slated for completion in the third quarter of 2027, will house 1,000 research positions and is expected to generate annual production value of NT$30 billion ($960 million). The L-shaped building’s design draws inspiration from the company’s core product line of smart display ICs.

The facility aims for multiple green certifications, including LEED and WELL. Its energy-efficient features, combined with a 360-kilowatt rooftop solar installation, could reduce power consumption by 25% and cut carbon emissions by 1,000 tons annually.

Novatek currently employs over 400 people at its Yongkang site. The new center will include amenities such as a two-story communal space, employee cafeteria, and fitness center, reflecting the growing competition among Taiwan’s tech firms for talent retention.

Tainan Mayor Huang Wei-che cited the city’s established semiconductor cluster, stable utilities, and talent pool as key factors in attracting technology investments.

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