German chip chemical supplier Merck to invest 500 million euros in Taiwan


FILE PHOTO A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt Germany January 28 2016.  REUTERSRalph Orlowski

FILE PHOTO: A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. REUTERS/Ralph Orlowski

TAIPEI (Reuters) - German supplier of chemicals and materials used in making semiconductors, Merck KGaA, announced on Tuesday it is to invest 500 million euros in Taiwan over the next five to seven years, primarily in semiconductor technologies.

Merck said it would be its largest investment in Taiwan since it established operations there in 1989.

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