Taiwan-based Walsin Lihwa has obtained approval to invest EUR 70 million (approximately NT$2.59 billion) in Luxembourg to establish Walsin Lihwa Europe SARL as its regional management and holding company.

The plan was cleared by the Ministry of Economic Affairs (MOEA)’ Investment Commission on April 21 as part of a batch of outbound investment approvals. The Luxembourg entity will handle investment holding functions while also serving as the group’s operational center in Europe.

The move is in line with Walsin Lihwa’s expansion needs in the European market, providing a centralized structure to oversee regional assets and activities. By setting up a base in Luxembourg, the company aims to enhance coordination of its European operations and strengthen its presence across the region.