The Hsinchu Science Park is located in Taiwan and holds approximately 350 hi-tech companies as well as housing for the 120,000 employees. The science park has had two additions due to growth over the years including two universities and nine research labs. It has beautiful landscaping with the following amenities: post office, fitness facilities, health clinic and pharmacy, restaurants, bookstore, etc. Taiwan's goal is to have a comfortable and pleasant working and living environment.
At our visit to Hsinchu Science Park, we also visited the company, Elite Semiconductor. The president of the company explained the semiconductor industry and the government's role. The government has played a significant part on the growth of this industry. The government has invested US$ 1.9B in park infrastructure and companies are given tax incentives to come to this Science Park. There will be changes to the policy in 2010 to create a fair system for individuals and businesses. Although, Taiwan is the largest country player in the industry, most companies in the semiconductor industry only receive 5% revenue.
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