By: Central News Agency
Taipei, Feb. 24 (CNA) Taiwan’s three science-based parks posted total production revenue of NT$2.31 trillion (US$69.51 billion) for 2015, down 0.7 percent year-on-year and the first annual drop in five years, according to statistics published Wednesday by the Ministry of Science and Technology (MOST).
Last year, the Hsinchu Science Park generated revenue of NT$1.10 trillion, down 5.34 percent year on year, while the Central Taiwan Science Park had NT$492.1 billion, declining 5.74 percent, and the Southern Taiwan Science Park generated NT$715.1 billion, climbing by a record high of 11.84 percent, mainly due to strong demand for semiconductor products and the rolling out of new smartphones, according to the statistics.
Tu Chi-hsiang, director-general of the Hsinchu Science Park Bureau, attributed the park’s weaker-than-expected performance last year largely to a year-on-year decrease of NT$95 billion in revenue for MediaTek Inc., one of Taiwan’s leading integrated circuit designers, which is located in the park. [FULL STORY]