Technology and Science

Taiwan Science Parks Post Record US$111 Billion Revenue in Year's First Half

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By TaiwanPlus

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Taiwan’s three largest science parks generated a record combined revenue of more than US$111 billion in the first half of the year, marking a 30% increase from the same period a year earlier. The government-managed technology hubs are home to companies providing advanced research, development, and manufacturing services. Semiconductor-related revenue accounted for more than 80% of total sales, reaching over US$91 billion as global demand for artificial intelligence hardware continues to surge. The Cabinet agency overseeing the parks says the three largest ones could contribute as much as 25% of Taiwan’s GDP by the end of the year.

Record Revenues for Taiwan’s Top Science Parks

REPORTER:  
Taiwan's three largest science parks posted record total revenues of more than 111 billion US dollars in the first half of the year, up 30 percent from a year earlier.

REPORTER:  
Taiwan’s science parks are government-managed clusters of tech companies offering world-class R and D and manufacturing services. Chip revenue, which made up over 80 percent of sales, rose to more than 91 billion US dollars in this period as global demand for AI hardware soars. The Cabinet agency overseeing the parks says the three biggest ones could contribute up to 25 percent of Taiwan's GDP by the end of the year.