According to reports, Holy Stone's new factory that broke ground in 2019 will be put into operation in the second half of 2021. The factory originally planned to spend about NT $ 847 million, but now with the investment in equipment and peripheral facilities, the total will rise to NT $ 2.5 billion.

The new factory will be used to expand production of electronic components for 5G, automotive and network communications and other related applications.

The new plant is located in Longtan, Taoyuan, Taiwan, and is expected to be used for the production expansion of electronic components for 5G, automotive and network communications and other related applications.

At present, Holy Stone's passive components account for about 43% of its overall revenue, and the monthly production capacity of MLCC is about 800 million to 1 billion. The capacity of its existing factory in the first quarter was fully loaded, and it is expected that the passive component business will continue to be fully loaded in the second quarter, stimulated by the demand for server, NB and PC power supply.

The report said that despite the impact of the COVID-19 epidemic on the electronic components industry, the construction of Holy Stone's new factory has not been affected, and it is planned to be put into operation in the second half of 2021. In addition, Holy Stone will establish a smart production line in the new factory and recruit 315 talents.