June 29, 2005
The electronics materials and solar and optoelectronics materials manufacturing sector will become a new superstar industry in Taiwan over the coming decade, according to the Industrial Development Bureau. The bureau predicts that the domestic market for these materials will grow by three times by 2015, reaching
NTD 1 trillion.
The domestic market for these materials was
NTD 314.4 billion in 2004. The IDB expects this value to grow to
NTD 535.6 billion by 2008.
Noting that purchasing materials accounts for 50-60% of production costs for optoelectronics and upwards of 70% of production costs for solar energy products, the IDB says that it aims to raise domestic production of these industrial materials through technology transfers and cooperation agreements with foreign enterprises. Taiwan currently relies on imports for 57% of these materials.
The IDB also says that investments in electronics materials have been growing in recent years. Many foreign enterprises have pursued such investments in Taiwan. Examples of such investments include Merck Display Technologies' liquid crystal plant, glass substrate plants of Corning and Nippon Electric Glass, factories set up by color resist makers Toyo Ink, Asahi Denka and JSR, a semiconductor CMP materials plant established by Rohm and Haas, and 3M's liquid crystal display materials factory.
(United Daily News)
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