Newspaper article China Post

Science Parks Make Record Revenue and Export Gains in 2016

Newspaper article China Post

Science Parks Make Record Revenue and Export Gains in 2016

Article excerpt

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By Kuan-lin Liu -- Taiwan's three science parks last year jointly grossed historic amounts in both revenue and exports, the Ministry of Science and Technology (MOST) announced Tuesday.

During a press conference on Tuesday, MOST officials announced that the three parks combined made a revenue of NT$2.37 trillion and exports of NT1.5 trillion last year, marking a 2.94 percent and 9.91 percent increase from the previous year, respectively.

Of the industries that experienced the most growth last year, the precision machinery industry ranked first with 19.32 percent of growth, followed by the biotechnology industry (15.25 percent), and the integrated circuit industry (8.67 percent).

According to MOST's Department of Academia-Industry Collaboration and Science Park Affairs Director General Chiu Chiu-hui ([...]), growth in these industries reflected the demands for automation, medical equipment, smartphones, laptops, and communication-related chips.

Integrated Circuit Boom

On the subject of exports, Chiu noted that 2016 saw a boom in the shipments of 16 nanometer, 20 nanometer, and 28 nanometer integrated circuits, marking a new high in export history.

In particular, Hsinchu Science Park exported NT$803.9 billion worth of goods (an 18 percent year-on-year growth), while Central Taiwan Science Park exported NT$258.7 billion (a 14 percent year-on-year growth).

Not everything was good news, however, as Chiu examined the contributions each of the three science parks (Hsinchu Science Park, Central Taiwan Science Park, and Southern Taiwan Science Park) made to the composite performance growths. …

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