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Production Value of Taiwan`s Big 3 Science Parks to Hit NT$3 T. in 2011

2008/08/14
Taipei, Aug. 14, 2008 (CENS)--With stable production growth, Taiwan`s big three science parks, namely Hsinchu Science Park (HSP), Central Taiwan Science Park (CTSP) and Southern Taiwan Science Park (STSP), are expected to generate aggregate production value of NT$3 trillion in 2011,the Cabinet-level National Science Council estimated.

Despite an economic depression in the world this year, the three science parks still posted a total of NT$1.222 trillion in overall production value in the first half of the year, up 17.16% from a year earlier. The combined annual production value is likely to hit an all-time high of NT$2.178 trillion for entire this year.

Separately, the IC (integrated circuit) industry in the three science parks contributed the largest portion of NT$485.5 billion, or 47.5%, to the total production value for the first half, up 6.46% from a year earlier. The optoelectronics industry infused NT$451.9 billion, or 44.22%, into the total, sharply up 37.12%, in the same span.

In the second half, a couple of semiconductor manufacturing companies, such as Taiwan Semiconductor Manufacturing Co. (TSMC), Vanguard International Semiconductor Corp., and Powerchip Semiconductor Corp., will boost their investments in HSP to NT$450 billion in HSP. Also, TSMC and United Microelectronics Corp. are planning to set up 12-inch wafer fabrication plants in STSP.

In the meantime, optoelectronics firms, including Innolux Display Corp., Chi Mei Optoelectronics Corp., Wintek Corp. and Toppan CFI Taiwan, will carry out capacity expansion at their display panel plants in the three parks.

According to National Science Council, in 2011, an estimated 800 companies with a total of 300,000 workers will operate in the three science parks, generating production value of up to NT$3 trillion that year.

Sales Revenues of Taiwan`s Big 3 Science Parks

1st Half of 2007

1st Half of 2008

Annual Growth Rate

Estimated Annual Revenue for 2008

Hsinchu Science Park

NT$530.7 B.

NT$553.4 B.

4.25%

NT$1.198 T.

Southern Taiwan Science Park

NT$230.9 B.

NT$301.4 B.

30.53%

NT$620 B.

Central Taiwan Science Park

NT$110.8 B.

NT$167.3 B.

51%

NT$360 B.

Total

NT$872.4 B.

NT$1.222 T.

17.16%

NT$2.178 T.

Source: National Science Council


(by Steve Chuang)
 
 
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