The board of directors of Siliconware Precision Industries (SPIL) has approved plans to budget NT$21 billion (US$652 million) in capex for 2010, according to a company filing with the Taiwan Stock Exchange (TSE). The chip packaging and testing house previously set a target of NT$14.3 billion.
SPIL was quoted in previous reports revealing plans to raise its 2010 capex budget by at least 30%, due to increased procurements of copper wire bonding equipment.