Taiwan predicts new high for 2013 IC output
CNATAIPEI--Taiwan predicts the production value of its integrated circuit (IC) sector could hit a record high in 2013 based on the country's strong competitive edge in the global market.
September 5, 2013, 12:01 am TWN
The government estimates the sector's production value will grow to some NT$1.75 trillion (US$58.81 billion) in 2013 for a 9.3 percent increase from NT$1.6 trillion in 2012, Minister of Economic Affairs Chang Chia-juch said Wednesday at the opening of this year's SEMICON Taiwan, the largest regional trade show for the IC industry.
Taiwan has the upper hand in the IC industry thanks to a comprehensive local production chain covering design, foundry operations and IC packaging and testing services, Chang said.
SEMICON, which runs through Friday, proves the success of Taiwan-based semiconductor businesses, which have developed into a highly cost-efficient and competitive force over the past three decades, he said.
Taiwan has transformed itself into a hub for advanced 12-inch wafer plants and is now an ideal place for foreign investors to work with semiconductor development, Chang said.
Local demand for semiconductor manufacturing equipment is around NT$286 billion a year — or 25.8 percent of global spending on the equipment — making Taiwanese companies the largest group of buyers in the industry, he said.
He said annual demand for IC materials from Taiwan reaches some NT$303 billion, or 21.1 percent of the global total, making Taiwan number one in that category, as well.
In terms of foundry operations, Taiwan is home to the world's largest contract chip-maker, Taiwan Semiconductor Manufacturing Co., along with many leading IC packaging and testing services providers such as Advanced Semiconductor Engineering, Inc.
In IC design, MediaTek Inc. is capable of holding its own against multinational rivals, including U.S.-based IC giant Qualcomm Inc., as it has seen sizeable gains in the fast-growing China market.