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Revenue slumps at Taiwan's science parks

Revenue slumps at Taiwan's science parks

Taipei, June 28 (CNA) The total revenue of Taiwan's three major science parks dropped in March and April, affected by the European debt crisis and the sluggish U.S. economy. Science park revenue totaled NT$313.6 billion (US$10.49 billion) over the two-month period, a decline of 7.24 percent from a year earlier, according to the latest statistics released by the National Science Council. Of the three parks, the Central Taiwan Science Park saw the biggest drop in revenue, with sales falling 11.21 percent to NT$47.97 billion. The Hsinchu Science Park saw revenue fall 8.14 percent to NT$167.5 billion, while that of the Southern Taiwan Science Park declined 3.52 percent to NT$98.19 billion. The drops were caused by factors such as the European debt crisis and a slow recovery of the U.S. economy, which has shrunk demand for science park products, the council said Thursday. Despite the drop from a year earlier, the council said revenue during the period showed signs of improvement compared with the first two months of 2012. Sales were up NT$559.8 billion from the January-February period. The council said companies in the parks were still bullish about their economic prospects for the medium and long term. For example, high tech heavyweights Taiwan Semiconductor Manufacturing Co. and United Microelectronics Corp. have continued to invest in new plants in the parks, it said. In addition, Taiwanese integrated circuit (IC) designer MediaTek Inc. is expected to become the fourth-largest IC designer in the world following its June 22 acquisition of MStar Semiconductor Inc., said the council. That could give added vitality to Taiwan's IC design industry, it added. (By Christie Chen)


Updated : 2021-06-15 02:01 GMT+08:00