The Taiwanese semiconductor industry includes design, manufacturing, packaging and testing. Statistics for last year showed the total value of the industry was more than NT$1.467 trillion, with annual growth of 5.3 percent, Council for Economic Planning and Development Chairman Chen Tain-jy (陳添枝) said.
“With more than half of output value dominated by contract chipmaking and DRAM integrated circuit manufacturing, this is a huge business engine in the Taiwan economy. Given this, the government is working closely with businesses to assist them every step of the way,” Chen said.
The US subprime crisis, high inflation and high oil prices earlier this year have had a negative impact on the semiconductor sector, market watcher Gartner said in its latest report. As a result, growth in the global semiconductor industry has been revised from 4.2 percent to 2 percent, it said.
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