Wei Qiao spent more than 11.2 billion yuan to build a new factory in Dali, with twice the production capacity of the old plant

DATE: Fri, Aug 15, 2025
PUBLICATION: China Times

In order to expand the business opportunities arising from the Internet of Things (IoT) and radio frequency identification system (RFID), Weiqiao Technology (6417), the world's major RFID design manufacturer, invested a total of more than 11.3 billion yuan (including more than 8 million yuan in land and 26 million yuan in factory and equipment) to build a new factory in Dali, and the new factory was completed on the 2th, and the new factory capacity will be twice that of the old factory.