Evonik Expands R&D to Taiwan

Evonik Expands R&D to Taiwan

Author: ChemistryViews

Light & Electronics is the ninth project house to be set up by Evonik and its first outside Germany. Located in the Hsinchu Technology Park in Taiwan, the focus of its work is new products and technologies for the photovoltaics, display, LED, and lighting industries. The project house seeks partnerships and joint developments with Taiwanese institutes and local electronics companies.
Project houses run for three years, during which time roughly 15 to 30 employees typically develop new products and technologies in collaboration with cooperation partners and universities. The new developments are marketed by a business unit or continued through an internal start-up.

According to the German Institute in Taipei, Taiwan stands out among Asian countries as the world market leader in electronic products as notebooks, scanners, monitors, and LCD monitors. Evonik already maintains partnerships with Taiwanese companies. Its long-term strategic goal is to make the project house the nucleus of another R&D competence center for the Group in Asia.

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