KYECKeep Your Enemies Closer
KYECKing Yuan Electronics Company (Taiwan)
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At KYEC, Niza developed a business plan and underwent a "dragon's den" pitch in front of a panel of experienced local business people who backed his plan and awarded him a grant of PS5,000 for essential start-up equipment.
Industry executives estimated KYEC's revenue for the third quarter at between NT$3.5 billion (US$116 million at US$1: NT$30) and NT$3.6 billion (US$120 million), increasing 10-15% from the second quarter.
They were designed by Nyiza Nimbili, who also has his own commercial portrait business, which has been supported by KYEC.
ThanKs to his time with KYEC he received a PS5,000 start-up funding and was appointed his own business mentor.
But during his time developing his business plan the KYEC was able to improve his people skills and give him the confidence to succeed.
KYEC opened on Monday following a PS4.9m pledge from the European Regional Development Fund and the Department of Education.
It has secured pledges of a combined NT$3.3 billion (US$110 million) with Fubon Financial, Siliconware and Kyec. Siliconware's director board approved an NT$1-2 billion (US$30-60 million) investment in TIMC while Kyec's agreed to finance NT$300 million (US$9 million).
The investors are Mega Holdings, China Development Industrial Bank, Siliconware Precision Industry Co., Ltd., MediaTek Inc., Kyec Yuan Electronics Co., Ltd., Elite Semiconductor Memory Technology Inc., Integrated Silicon Solution Inc., and Compal Electronics Inc.
Alternate Suppliers of NOR Chips Product Manufacturing Test and Supplier Type Factory Packaging House Numonyx 256Mb-1Gb Elpida Memory ASE, Siliconware chips Macronix 16Mb-128Mb In-house lines, Siliconware, chips Nanya Technology Kyec Yuan Winbond 32Mb-256Mb In-house lines Siliconware, chips Kyec Yuan Elite 16Mb-64Mb UMC Siliconware, chips Kyec Yuan SST 32Mb-256Mb TSMC ASE chips Sources: the manufacturers ((KL)) (E)
In Taiwan, the assemblers include Chipbond Technology Corp., International Semiconductor Technology Ltd., and Kyec Yuan Electronics Co., Ltd.
have surged past 70% while test-service provider Kyec Yuan Electronics Co., Ltd.