| Author | Liu, Chia-Ho |
| Call Number | AIT RSPR no. SM-02-52 |
| Subject(s) | Integrated circuits industry--Taiwan
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| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-02-52 |
| Abstract | Integrated Circuit (IC) industty, a notoriously cyclical industty, is one of the greatest booming industries of the Taiwan economy. By the early 1970s, when it became clear that labor-intensive industty would no longer be able to carry Taiwan's economy ve1y far because of the changes of comparative advantages in Taiwan relative to other developing countt·ies, the government began to contemplate for which kind of industt·y would lead Taiwan's economic development next. At the time, the world market for the electt·onics products was the most promising and Taiwan had already some experience in the production of low-end consumer electt·onics products such as radio, TVs, etc. and electronic components. After a long deliberation and evaluation of Taiwan's basic conditions, the government found that it might be the time for Taiwan to cut into the upstt·eam electt·onics industty and start develop the technology of integrated circuits (IC), which is the most impo1tant component in all the electt·onics products. The growth of the IC industt·y in Taiwan from zero to its current state over forty years has been the constt-uction of an astonishing economic miracle. Indeed, Taiwan currently is the fourth largest production center of the world. The change from nonexistence in the early 1960s to it status as the fomth largest production center is almost a miracle. Today, companies like Taiwan Semiconductor Manufacturing Co. (TSMC) and United Microelectronics Corp. (UMC) hold the highest market share in the production of silicon wafers than any companies in the world. Taiwan is a major investor in China, and China is Taiwan's largest export market after the U.S. As China is replacing Taiwan as a low-cost manufacturing base, it is time for Taiwan to shift its orientation from labor-and-investment-intensive industty to knowledge-intensive service markets. Especially important is the development of current industry. Meanwhile, with increasing numbers of domestic IC manufacturers choose to move production to the Mainland China, the local IC companies must reinvent itself and focus on more value-added industries. |
| Year | 2002 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-02-52 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C.S.; |
| Examination Committee(s) | Quang, Truong;Sununta Siengthai; |
| Scholarship Donor(s) | Self-support; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2002 |