February 25, 2005
Taiwan's Hsinchu Science-based Industrial Park saw total annual park revenues grow a whopping 27% to
NTD 1.859 trillion in 2004, according to statistics released by the National Science Council. As always, integrated circuit companies generated the bulk of the park's revenues, accounting 68.5%, or
NTD 744.1 billion, of all park revenues.
The park's precision machinery manufacturers posted the biggest growth, 60%, of the six major industry categories based there. Optoelectronics makers enjoyed a 39% on-year increase in revenues, the second highest growth. Integrated circuit companies achieved 39% growth, while computer and computer peripheral makers and telecom manufacturers saw growth of 3% and 10% respectively.
HSIP achieved total trade volume of
NTD 888.6 billion in 2004, up 45% compared to 2003. Exports grew 27% to
NTD 495.8 billion and imports rose 77% to
NTD 392.8 billion. The park's top-five export destinations and the percentage of the park's exports they accounted for in 2004 were: China: 20%; Hongkong: 20%; Japan: 12%; the US: 11%; and South Korea: 9%. HSIP's primary import sources remained the US and Japan, accounting for 37% and 20% of the park's imports respectively. The other top import sources were Singapore (8%), Hongkong (7%) and South Korea (3%).
The annual revenues of HSIP's high-tech manufacturers are forecast to reach
NTD 1.1-1.2 trillion in 2005. If the park's domestic and overseas production values are combined, HSIP is expected to post revenues in excess of
NTD 1.5 trillion.
(China Times)
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