Revenue for science park companies declines in H1
The China Post news staffTotal sales from companies operating in Taiwan's science parks declined in the first half, yet growth is still expected for the year due to an economic turnaround, officials said yesterday.
September 13, 2012, 11:54 am TWN
During a news conference held by the National Science Council (NSC) yesterday, it reported total first-half sales of NT$908.819 billion made by companies operating in Taiwan's three major science parks, namely Hsinchu Science-based Industrial Park (HSIP), Central Taiwan Science Park (CTSP) and Southern Taiwan Science Park (STSP).
The figure was a decline of 5.07 percent compared to the NT$957.361 billion for the same time last year.
Yet there is light at the end of the tunnel, said Ho Chen-hung, vice chairman of the NSC. “Park companies performed better in the second quarter than they did in the first,” he said. “Sales have stabilized and are expected to grow as the year goes on.”
Tung Liang-sheng, a unit chief with NSC, cited the “4-6 principle,” meaning high-tech firms will ship out 60 percent of products during the second half as opposed to 40 percent in the first. Without drastic external factors, park company sales are still likely to surpass NT$2 trillion this year, he said.
Among the three parks, HSIP reported sales of NT$485.168 billion in the first half, a decline of 5.32 percent from the same period last year. STSP had sales of NT$284.713 billion, down 2.01 percent. CTSP had sales of NT$138.938 billion, down 10 percent, the biggest margin of decline.
HSIP meanwhile attributed the sales decline to a drop in revenue from semiconductor companies. Yet things have improved as sales in the second quarter grew 24.3 percent from the first three months, it said.