Hsinchu Science Park was established on December 15, 1980. A total of 370 high-tech companies, mainly involved in the semiconductor, computer, telecommunication, and optoelectronics industries, have been established in the park at the end of December 2003. Hsinchu Science Park is now one of the world's most significant areas for semiconductor manufacturing. It is home to the world's top two semiconductor foundries, Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC), both of which were established at the nearby Industrial Technology Research Institute.
Nurturing the Knowledge-Intensive Industries Located in eastern Taipei, the Nankang Software Park is a state-of-the-art science park dedicated to the development of knowledge-intensive industries. Formed as a collaborative effort between the government and the private sector, the Nankang Software Park focuses mainly on software development, IC design and biotechnology. With state-of-the-art facilities in an idyllic, natural setting, the park seeks to cultivate an environment that inspires creativity and innovation while fully accommodating R D needs.
The Tainan Science Park was designed at a cost of NT$1.814 trillion (approximate US$51.8 billion). Under the planning of the National Science. Expected to generate a production value of NT$500B by 2010, the Park will also provide 200,000 employment opportunities. These positions will be filled by highly educated, affluent, high-consumption technology professionals, greatly enhancing the local market and consumption potential.