The Taiwan government should spend “as little money as possible” to reshape its struggling D-Ram sector, according to John Hsuan, who is leading the rescue of the island's memory chip companies.
Mr Hsuan, chairman of the newly established Taiwan Memory Company (TMC), said yesterday he hoped a government injection of no more than T$30bn ($866m), coupled with further private investment, would be enough to acquire key technologies from foreign competitors and ensure competitiveness in the industry.
Taiwan's D-Ram companies employ some 28,000 people locally and account for up a quarter of the $24bn global industry. They make the island – the world's second-biggest producer, behind South Korea – of chips used in computers for short-term storage.
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