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Hollywood visual effects company to invest in Taiwan

Hollywood visual effects company to invest in Taiwan

Taipei, Dec. 29 (CNA) Rhythm & Hues Studios Inc., one of the world's top five visual effects companies, will invest in Taiwan, according to the government-funded Institute for Information Industry (III). The investment will be a boost to Taiwan's digital industry, the III said in a statement issued Wednesday. The Oscar-winning company, established in Los Angeles in 1987, is scheduled to announce its Taiwan investment plan Friday, the statement said. The company has been involved in more than 130 Hollywood films such as "The Incredible Hulk" and "The Chronicles of Narnia: The Lion, the Witch and the Wardrobe." It received an Academy Award in 1995 for "Babe" and in 2008 for "The Golden Compass." The investment will be announced at a ceremony in Taipei, attended by Executive Yuan and economic officials, the III said. (By Christie Chen)


Updated : 2021-01-28 03:43 GMT+08:00