Advantech Builds Second Taiwan Headquarters
Advantech will acquire 10,427 pings of Linkou Industrial Park at NT$145,000 per ping, or approximately NT$1.512 billion in total. The new park will be a fully functional campus and the second R&D and manufacturing headquarters of Advantech in Taiwan.
In light of the healthy growth and promising prospects for the IPC industry, Advantech is growing rapidly and doubling its revenues every five years. At the same time, production and warehousing facilities in Taiwan have faced space shortages and it is anticipated that the R&D office will also be out of space within the next five years. Therefore, Advantech plans to set up this second headquarters in Linkou. The new campus will become an important base for Advantech manufacturing and R&D over the next ten years and the location of the new park is expected to attract talent from Hsinchu and Taoyuan.
The campus park will be constructed systematically and in stages and include a factory, an R&D center, and an office building. The new campus will also provide a venue for an exchange of global talent and a training center. The long-term development plan includes four major elements, including a manufacturing and warehouse distribution center, an R&D building, stationed staff quarters / training center / convention center, and new business incubation centers.
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