Foundation to contribute NT$10 billion (US$333 million) to fund establishment of the Yong Lin Biomedical Engineering Center

unnamedMumbai / Bangalore – January 27, 2014

Foxconn, world’s leading manufacturer of computer components and systems, has announced that Terry Guo, chairman, Foxconn Group also founder of Yong Lin Health Care Foundation has signed with National Taiwan University (NTU) for cooperation to promote biomedical development in Taiwan.

The foundation will donate a total of NT$10 billion (US$333 million) to fund establishment of the Yong Lin Biomedical Engineering Center, a 500-bed cancer therapeutic hospital to be operated by NTU and a radiation science and proton therapy center, with the biomedical engineering center to be inaugurated  in March 2014.

Yong Lin Biomedical Engineering Center will cooperate with NTU to recruit more than 100 biomedical professionals from around the world to undertake biomedical research in cancer therapeutics. The foundation will also offer NT$5 billion to support the engineering center’s research in cell therapy, radiation medicine, smart hospital, prevention medicine, medical electronics and biomedical materials.

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