The number of businesses operating in the three major science parks around Taiwan has topped 600, with combined turnover reaching NT$1.23 trillion (US$36.85 billion) in the first eight months of this year, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported yesterday.
As of the end of August, the number of businesses operating in the nation's three major science parks -- Hsinchu Science Park, Central Taiwan Science Park and Southern Taiwan Science Park -- totaled 607, 21 more than the same period last year, tallies showed.
Meanwhile, the combined turnover of the three major science parks reached NT$1.23 trillion during the January to August period, posting an 11.6 percent growth compared with the same period last year.
At the end of August, a total of 184,506 people -- excluding foreign workers -- worked at the three science parks, compared to 169,981 people posted in August last year. Of the total, 119,480 were working for companies located at Hsinchu Science Park.
In terms of business turnover, Hsinchu Science Park -- which has long been known as the nation's "Silicon Valley" -- commanded NT$737.3 billion, or 60.2 percent of the combined business turnover of the three facilities in the first eight months of this year, followed by NT$331.3 billion by the Southern Taiwan Science Park and NT$156.5 billion by the Central Taiwan Science Park, DGBAS officials said.
Although the turnover of the Central Taiwan Science Park was the lowest, it marked an annual growth of 54.7 percent.
By industry, integrated circuit manufacturing was the nation's largest industry at the three facilities, commanding NT$634.6 billion, or 51.8 percent of the total turnover in the eight-month period, up 6.7 percent year-on-year.
The opto-electronics industry was the second-largest.
In the first eight months of the year, the three science parks posted combined exports of NT$721.8 billion, up 9.3 percent year-on-year. The figure constitutes 14 percent of the nation's entire export trade.
NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities. The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi. ASML, whose top customers include Taiwan Semiconductor Manufacturing Co (台積電) and Samsung Electronics Co, makes lithography machines that can print
TECH RELIANCE: Growth is increasingly reflecting an unequal K-shaped distribution, where technology sectors outperform and other industries struggle, an expert said Standard Chartered Bank has significantly raised its forecast for Taiwan’s economic growth to 9.5 percent this year, up from 7.6 percent previously, citing surging artificial intelligence (AI) demand driving exports, semiconductor production and investment. The upgrade reflects a sustained AI supercycle that continues to fuel demand for advanced chips and technology infrastructure, which form the backbone of Taiwan’s exports, the bank said in a report this week. “We raise our 2026 growth forecast to reflect a much stronger-than-expected first-quarter GDP figure,” Standard Chartered senior economist for greater China and Asia Tommy Wu (胡東安) said in the report. Driven largely by a 35.3 percent
Tokyo Electron's Taiwan unit today said in a written response that it respects the judicial process, takes the court ruling seriously and would not appeal in the Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) trade secrets case. Last month, a court fined the Taiwan unit of Japan's Tokyo Electron NT$150 million (US$4.74 million) in a case involving trade secrets related to TSMC's sensitive chip technology.
Two of Taiwan’s international carriers, Starlux Airlines Co (星宇航空) and EVA Airways Corp (長榮航空), have retained the five-star airline rating awarded by international airline review organization Skytrax. Starlux was awarded the distinction for a second consecutive year, while EVA Air received it for the 11th straight year, Skytrax said in statements released yesterday and on Thursday last week, respectively. The five-star rating is considered one of the airline industry's highest honors and is awarded following professional audits of airline product and frontline service standards, Skytrax said. The ratings are based on in-depth assessments using unified global quality standards rather than customer review scores