Hsin-Chu Science Park

Thursday, August 25th 2011

Nowadays, technology becomes one of important things in our life to make our work easier and more practical. Speaking of technology, it is close or identical to electronics. Beside Japan and United States who are leading in this market since long time ago, Taiwan in the last 20 years has become one of new players that has to be considered. Their achievement in the last few years was pretty awesome. Most of notebooks, LCD monitor, computer hardware, chips, and LED, were manufactured in Taiwan. And behind this successful, there lie science park. One of the oldest and famous science park is Hsin-Chu Science Park which was established on December 15th, 1980 by the government of Taiwan with the investment of Kuomintang.

There are several reasons behind the science park establishment. Flashback in the late 70s, Taiwan’s industrial parks gradually ran out of its competitive advantage in low cost manufacturing due to the rapidly rising wage. It made the foreign investments in Export Processing Zones slowed down and some of them moved to neighboring South-East Asia countries. As the result, stagnation of economic growth could not be avoided.

A new strategy to help Taiwan’s economy was needed. Fortunately, Taiwan government received valuable advice from Stanford’s Dean, Frederick Emmons Terman, to established indigenous high-tech industry base. It referred to adopt Silicon-Valley in US, which has been proven  of its successful. Then the strategies continued with luring back some expatriate, engineers, scientists, and other high-tech professionals. University engineering enrollment was also increased.

To realized the project, Taiwan government spent 500 millions USD in ten years plus 500 hectares park development plan. They built infrastructures, selecting and recruiting park’s clients, facilitating investment environment, facilitating living environment, building bridge between universities, R&D institutes and park clients.

As a result, today at Hsin-Chu Science Park, around 400 companies were established. They are working on semiconductor, computer peripheral and hardware, telecommunication, and opto-electronic. The two top semiconductor foundries, Taiwan Semiconductor Manufacturing Company (TSMC), and United Microelectronics Corporation (UMC), are in Taiwan.

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Score : 85
#3 of 4 writing assignment in Scientific Taiwan Class, Spring 2009

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