General Interface Solution to Raise Capex Budget in Units

MT Newswires Live
Yesterday

General Interface Solution (TPE:6456) has approved an increase in the capital expenditure budgets of its subsidiaries, according to a Wednesday filing with the Taiwan Exchange.

The touch and display module maker has increased the capex by NT$3.4 billion which covers General Interface Solution (Taiwan) and GIS Technology (Vietnam).

The increase will be funded through a capital injection from the parent and is intended for improving build production capacity for new products.

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