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Groundbreaking Ceremony Held for New MiTAC Headquarters
mitac holdings corporation

(May 18, 2015, Taipei, Taiwan) MiTAC Holdings Corporation (TWSE: 3706) hosted the groundbreaking ceremony for its new corporate headquarters at the current MiTAC site within the Hwaya Technology Park in Taoyuan City. The groundbreaking ceremony was attended by Matthew Miau, the chairman of MiTAC Holdings, Billy Ho, the company president, and guests. The new building is expected to formally enter service at the end of 2016.

MiTAC is building a new 10-storey multi-purpose building on a reserved section of its existing facility in Hwaya Technology Park. The building will have a total floor area of 50,800 sq. m and is expected to be completed and operational by the end of next year. It is the group's important investment this year, with a total value of NT$1.78 billion. To support the global drive for energy conservation and carbon reduction, the design of the new building is centered on the "green building concept" and aims to be an "eco-friendly, energy-saving, waste-reducing and healthy building". It also incorporates the MiGEM intelligent environmental control system using the internet of things, cloud computing and big data analysis technologies to provide real-time monitoring of energy consumption. The accumulated data is filtered and analyzed through cloud computing to generate useful information for monitoring and decision-making. All efforts are made to optimize energy usage and reduce unnecessary waste.

MiTAC president Billy Ho said: "The MiTAC group has been moving beyond PCs into intelligent devices, the internet of things, and data centers in recent years with a particular focus on the smart clients and cloud business. To prepare for future growth, we will build a new headquarters and engage in innovative R&D to strengthen our Taiwanese roots. Once the new building is complete, we will consolidate and make effective use of group resources to establish cross-industry alliances. This will increase our R&D diversity, boost our competitiveness, and prepare us for future upheavals and challenges in the technology industry."