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Much of the technology industry in Taiwan is located in various science parks located around the island and the three largest scientific parks in Taiwan raked home US$127 billion in sales last year, or an increase of 23.58 percent compared to 2020. The semiconductor industry accounted for nearly 72 percent of that, although, the fact that the three largest science parks are home to companies like TSMC, UMC, MediaTek, Kingston, Realtek, AU Optronics, Winbond, Innolux and many others, so it’s not surprising that the largest share of revenue is coming from here. It should be noted that the 72 percent figure is only for the first three quarters of 2021, so it might end up being even higher.

The numbers are based on data from the Ministry of Science and Technology (MOST) and after semiconductors, optoelectronics were bringing in the highest revenue streams with an increase of over 29 percent compared to 2020, to a sales value of almost US$18 billion, which is truly dwarfed when compared to the semiconductor sales. In third place was sales of computers and computer accessories which accounted for a comparatively measly US$4.78 billion, or an increase of 13.53 percent. The trend is expected to continue in 2022, assuming Taiwan isn’t affected by the pandemic.