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Revenue at main science parks down in first half of 2012

2012/09/12 20:33:40

Taipei, Sept. 12 (CNA) The combined revenue of Taiwan's three major science parks in the first half of 2012 dropped about 5 percent year-on-year, hit by the European debt crisis, an official said Wednesday.

Science park sales in the first half of the year fell 5.07 percent from a year earlier to a combined NT$908.82 billion (US$30.74 billion), said National Science Council Deputy Minister Hocheng Hong.

Hocheng attributed the decline to the European debt crisis and the sluggish U.S. economy but noted, however, that monthly revenue at the three parks saw a slowly increasing trend.

Of the three parks, the Central Taiwan Science Park saw the biggest drop in revenues, with sales falling 10 percent to NT$138.94 billion.

The Hsinchu Science Park saw its revenues fall 5.32 percent to NT$485.17 billion, while the Southern Taiwan Science Park sales declined 2.01 percent to NT$284.71 billion.

Despite the decline, the total revenue of the three parks this year could be around NT$2 trillion, Hocheng forecast.

He predicted that the Hsinchu Science Park could see revenues of NT$1.5 trillion in 2012, while revenues generated by the Central Taiwan Science Park and Southern Taiwan Science Park could reach NT$300 billion and NT$610 billion, respectively.

Meanwhile, he added that as of the end of July, the number of workers on furlough in the three parks was reported to be zero, compared with 1,338 in early January.

(By Lin Meng-ju and Hanna Liu)