Taiwan’s three science parks posted a record combined revenue of NT$1.71 trillion (US$61.69 billion) for the first half of this year, up 25.2 percent year-on-year and the fastest increase in almost eight years, the Ministry of Science and Technology told a news conference in Taipei yesterday.
The three parks — Hsinchu Science Park (新竹科學園區), the Central Taiwan Science Park (中部科學園區) and the Southern Taiwan Science Park (南部科學園區) — generated combined exports of about NT$1.28 trillion in the first six months of the year, also a new high, the ministry said.
The ministry attributed the the three science parks’ performance to continued global demand for 5G, high-performance computing and other new tech applications.
Photo: CNA
The three parks provided jobs for 295,000 people, up 3.5 percent year-on-year and also a new high, it said.
Imports to the parks totaled NT$493.08 billion, up 22.5 percent year-on-year, on increased prices of raw materials and electronic components, the ministry said.
Hsinchu Science Park posted revenue of NT$743.97 billion in the first half of the year, up 31.42 percent annually, thanks to growth in demand for electronics, and information and communications technology, as well as other high-tech products, the ministry said.
Photo: CNA
Central Taiwan Science Park reported revenue of NT$482.79 billion over the same period, up 11.48 percent year-on-year, mostly on continued demand for 5G, artificial intelligence, automotive electronics and high-performance computing applications.
Southern Taiwan Science Park, home to the most advanced 5-nanometer chip making process, saw revenue jump to NT$480.06 billion, up 31.74 percent year-on-year, the ministry said.
Minister of Science and Technology Wu Tsung-tsong (吳政忠) said that due to the stay-at-home economy and an increase in distance learning and working, the optical product sector shook off the doldrums experienced in the past few years years and revenue jumped 35.44 percent.
The integrated circuit sector placed second with regards to growth. It saw revenue grow 24.29 percent, while the computer and peripherals sector followed with an increase of 20.77 percent.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, has a presence at all three science parks, accounting for 17 percent of overall revenue in Hsinchu Science Park, 42.27 percent in the Central Taiwan Science Park and 55 percent in the Southern Taiwan Science Park, ministry data showed.
TSMC made up 34 percent of the three science parks’ combined revenue, a slight decline from last year’s 41 percent, the data showed.
The ministry said it anticipates a continued increase in demand in the second half of the year as the global economic environment improves.
It predicted whole-year growth of 15 percent for the three science parks’ combined revenue this year.
Separately, TSMC’s rumored expansion in Kaohsiung is likely to help the chipmaker hedge against water shortage risks, Taiwan Institute of Economic Research (台灣經濟研究院) researcher Arisa Liu (劉佩真) told Central News Agency (CNA) yesterday.
Local media reported last week that TSMC is considering building a new 7-nanometer hub in Kaohsiung’s Linyuan District (林園).
Liu said that TSMC is “most likely” to invest in a new facility in Kaohsiung, as the three major science parks have become increasingly saturated with businesses.
“I anticipate with a TSMC foundry acting as a magnet, Kaohsiung can create a new semiconductor industrial cluster and that would be beneficial to balancing the development between the different regions in Taiwan,” Liu told CNA.
Semiconductor business between Taiwan and the US is a “win-win” model for both sides given the high level of complementarity, the government said yesterday responding to tariff threats from US President Donald Trump. Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Taiwan is a key link in the global technology supply chain for companies such as Apple Inc and Nvidia Corp. Trump said on Monday he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the US. “Taiwan and the US semiconductor and other technology industries
SMALL AND EFFICIENT: The Chinese AI app’s initial success has spurred worries in the US that its tech giants’ massive AI spending needs re-evaluation, a market strategist said Chinese artificial intelligence (AI) start-up DeepSeek’s (深度求索) eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of the US’ technological dominance. The app’s underlying AI model is widely seen as competitive with OpenAI and Meta Platforms Inc’s latest. Its claim that it cost much less to train and develop triggered share moves across Asia’s supply chain. Chinese tech firms linked to DeepSeek, such as Iflytek Co (科大訊飛), surged yesterday, while chipmaking tool makers like Advantest Corp slumped on the potential threat to demand for Nvidia Corp’s AI accelerators. US stock
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from US President Donald Trump. The Fed cut its key lending rate by a full percentage point in the final four months of last year and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of 2 percent. “I think they will do nothing, and I think they should do nothing,” Federal Reserve Bank of St Louis former president Jim Bullard said. “I think the
Cryptocurrencies gave a lukewarm reception to US President Donald Trump’s first policy moves on digital assets, notching small gains after he commissioned a report on regulation and a crypto reserve. Bitcoin has been broadly steady since Trump took office on Monday and was trading at about US$105,000 yesterday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Smaller cryptocurrency ether has likewise had a fairly steady week, although was up 5 percent in the Asia day to US$3,420. Bitcoin had been one of the most spectacular “Trump trades” in financial markets, gaining 50 percent to break above US$100,000 and