Mar 27, 2018 Culture Comments Off on Sales, exports, employment hit new highs for science parks
Taipei, Taiwan's three major science parks under the Ministry of Science and Technology (MOST) have reached new records for sales revenue, export revenue and employment, the ministry announced Tuesday.
According to a MOST press release, the 2017 combined sales revenue for the Hsinchu Science Park, the Central Taiwan Science Park and the Southern Taiwan Science Park reached NT$2.4615 trillion (US$84.472 billion), which was an increase of 3.58 percent from the previous year.
The Hsinchu Science Park accounted for NT$1.02 trillion, which was a decrease of 1.98 percent from 2016, the press release noted, while the Central Taiwan Science Park grew by 11.13 percent from the previous year to reach NT$563.83 billion and the Southern Taiwan Science Park grew by 5.93 percent to reach NT$878.76 billion.
The top three industries that showed the most growth were precision machinery, communication equipment, and computers and peripheral equipment, according to the press release.
The precision machinery sales amounted to NT$112.3 billion, representing an annual growth of 14.74 percent, due mainly to an increase in demand for high-end semiconductor equipment and for automation equipment, as well as growth in demand for electric vehicle components.
Communication equipment sales reached NT$42 billion, representing growth of 10.56 percent year-on-year, benefiting from improvements in digital infrastructure, as well as increased demand for mobile communication- related equipment and devices such as optical fiber, base stations and services.
Computers and peripheral equipment sales topped NT$44.3 billion, or growth of 8.35 percent, due mainly to increased production of networking communications and Internet of Things (IoT)-related equipment.
In 2017, the exports of the three science parks totalled NT$1.73 trillion, representing an annual growth of 14.22 percent, mainly as a result of output growth of integrated circuits, the press release said.
As of the end of 2017, the three science parks had a total of 272,294 employees, up 3,153 from a year earlier.
Science and Technology Minister Chen Liang-gee (???) said the data shows that Taiwan's performance in the science and technology industry has been dazzling, especially in terms of exports.
Source: Focus Taiwan News Channel
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