The Hsinchu Science-based Industrial Park's (新竹科學園區) first half sales grew 11 percent to NT$368.4 billion, the National Science Council reported yesterday.
Driven by strong growth in the integrated-circuit (IC) and optoelectronic sectors, total sales are expected to reach between NT$800 billion and NT$850 billion this year, with an annual growth rate of between 13 percent and 20 percent, the park officials reported.
"The prediction should be reliable, because it's drawn from local and overseas research," Chen Ming-huang (陳銘煌), director of the park's division of investment services, said at a press conference held yesterday in Taipei.
The US-based Semiconductor Industry Association (SIA) predicts that total sales of global IC firms will grow 10.15 percent this year to US$ 154.9 billion, Chen said.
Taiwan's IC industry is predicted grow 23 percent this year, Chen said.
Sales in the park's IC and optoelectronic sectors grew 14 percent and 23.7 percent, respectively, in the first half.
The park's IC firms reported total sales of NT$245.4 billion, accounting for 66.6 percent of the park's sales.
Sales for the telecommunications rose 5.4 percent year-on-year in the first half and 8.9 percent for the biotechnology sector.
As of the end of June, the park's 347 companies employed a total of 98,794 workers.
The council has been promoting the park in the US for the last two years, luring Taiwanese high-tech professionals from in Silicon Valley, Chen said.
The park is also continuing to attract investment. Thirty-four companies invested NT$12.74 billion in the park during the last six month.
Ten of the companies are foreign-based and 18 are managed by Taiwanese who are currently receiving higher education abroad.
Twenty-four companies have filed applications for capital increment approval worth NT$157.33 billion, which is a 26 percent increase from a year ago.
Sales of computer-peripherals and precision machinery, however, dropped 2.6 percent and 4.4 percent, respectively.
James Lee (李界木), the park's director general, said the drop was triggered by labor-intensive industries shifting production to China.
"Taiwan's high-tech production is increasingly shifting to China as commercial exchanges increase," Lee said.
Hong Kong and China are now the top two overseas destinations for about 34 percent of Taiwan's high-tech exports.
After several years flying high as Asia’s best Nvidia Corp proxy, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is increasingly vying with other artificial intelligence (AI) stocks for investor attention. Stock traders are chasing a wider array of beneficiaries as mainstream usage of AI creates demand for hardware beyond the most-advanced chips TSMC makes for Nvidia. Subthemes from the deepening memory crunch to advances in robotics are also luring bids. At the same time, investment caps on single stocks are pushing funds to diversify, while retail investors long familiar with TSMC through its US depositary receipts are being offered a broader set of
Netherlands-based semiconductor equipment supplier ASML Holding NV yesterday said that it is planning to hire an additional 1,000 people in Taiwan this year in response to growing demand from clients. ASML had previously planned to recruit 600 people this year, but that the plan has been adjusted upward, ASML vice president and ASML Taiwan general manager Grace Wang (汪佳慧) told reporters. ASML has a workforce of more than 4,500 in Taiwan, accounting for about 10 percent of its global total, Wang said. This year’s recruitment campaign would focus on adding people in the customer support, manufacturing and supply chain domains to assist ASML
UNDER MICROSCOPE: Taiwan detained three people who allegedly conspired to buy servers in Taiwan and export them using fraudulent documentation, prosecutors said Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday urged Super Micro Computer Inc to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about artificial intelligence (AI) servers made by its US partner. The development marked the nation’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such as Nvidia AI accelerators to China. Nvidia is “rigorous” in explaining regulations to all of its partners, Huang told reporters after arriving in Taipei. “Ultimately Super Micro has to run their own company,” he said in response to
Nvidia Corp yesterday announced that CEO Jensen Huang (黃仁勳) would attend an employee meeting in Taipei tomorrow to celebrate the launch of the company’s Taiwan headquarters project. Huang would attend a gathering at the site of Nvidia’s planned headquarters in Beitou Shilin Technology Park (北投士林科技園區), the company said in a statement. After arriving in Taiwan on Saturday last week, Huang told reporters that he plans to meet with Quanta Computer Inc (廣達) chairman Barry Lam (林百里) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman C.C. Wei (魏哲家), and would attend the groundbreaking ceremony for Nvidia’s Taiwan headquarters tomorrow. Nvidia has not yet applied
RSS