Hsinchu Science Park
Science parks are established to introduce high-tech industries and attract talent to Taiwan, promote the upgrading of Taiwanese industries, balance regional development and drive national economic development. One of three science parks existing in northern, central and southern Taiwan, the Hsinchu Science Park(HSP) is primarily focused on semiconductors; meanwhile, the Central Taiwan Science Park is focused on aviation, precision machinery, and optoelectronics, while the Southern Taiwan Science Park is focused on optoelectronics. Consequently, each of these science parks possesses its own respective core technological advantages.
Since the HSP was established in December 1980, the government has invested US$1,679 million on park infrastructure and facilities. A total of 384 high-tech companies had been established in the park by the end of 2004, a total of 632 hectares had been developed for the HSP proper, plus an additional 141 hectares for the Jhunan Park. During its 24 year history, the HSP has focused both on research and production, thus profoundly impacting the local economic development and giving the HSP an international reputation and establishing it as a model imitated by other countries.