Taiwan’s Lite-On Technology will invest US$919 million in McKinney, Texas for a new manufacturing site, media report, noting it already operates a plant in Plano, Texas for Battery Backup Units (BBU) used in AI servers. Lite-On’s 2026 capex is expected to rise from NT$13 billion currently, due to the Texas announcement. #LiteOn #Texas #Taiwan
Source: Dan Nystedt
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
