# Five Taiwanese firms approved for NT$15.4B domestic investment plan

The Ministry of Economic Affairs approved five Taiwanese companies (TYC Brother, Awea Mechantronic, Acon Optics, Coating P. Materials, Yung Sheng Optical) to invest NT$15.4 billion (US$499.3 million) and create 1,300 jobs in Taiwan. The approval was announced on April 19, 2019.

- Type: Investment
- Announced: 2019-04-19
- Where: Various locations in Taiwan, TWN
- Value: $499.3M (15.4B TWD)
- Jobs: 1,300
- Status: announced
- Products: headlights, CNC machinery, fiber optic components, coating materials, contact lenses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [TYC Brother Industrial Co](https://endata.com/companies/38850.md)
- [Awea Mechantronic Co](https://endata.com/companies/38851.md)
- [Acon Optics Co](https://endata.com/companies/38852.md)
- [Coating P. Materials Co](https://endata.com/companies/38853.md)
- [Yung Sheng Optical Co](https://endata.com/companies/38854.md)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2019/04/20/2003713704), 2019-04-19: "The five firms are to invest NT$15.4 billion (US$499.3 million) in total and aim to create 1,300 jobs in Taiwan, the ministry said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.