Taiwan Electronic Equipment Industry Association (TEEIA) has called on the government to make policies and laws to promote development of a local semiconductor equipment manufacturing sector.
In terms of investment and international competitiveness, local small- to medium-size enterprises are unable to step into development and production of semiconductor equipment without government support, according to TEEIA chairman Laurie Wang.
TEEIA recommends the government promote development of equipment and technology used in third-generation semiconductor manufacturing processes, high-end IC packaging equipment, smart inspection technology and equipment, equipment used in next-generation displays, key components and modules used in smart manufacturing. The government can offer tax incentives, policy support, resources, and help in personnel training and international cooperation and marketing.
Taiwan recorded total production of NT$324.6 billion (US$11.4 billion) for electronics manufacturing equipment in 2020, growing 13.5% on year, NT$161.7 billion of which was attributable to high-tech equipment, up 0.4% on year, TEEIA said.
In 2020, Taiwan imported high-tech electronics manufacturing equipment worth NT$639.5 billion and exports totaling NT$118.3 billion, respectively dropping 7.4% and rising 6.6% on year, TEEIA noted.
Without government support, Taiwan's annual production for electronics manufacturing equipment should increase at a CAGR of 7.8% from NT$324.6 billion in 2020 to NT$626.3 billion in 2030, TEEIA indicated. With government support, the CAGR would rise to 13% and the production in 2030 would be NT$1,101.9 billion for a global market share of over 30% as compared with 7.3% in 2019, TEEIA noted.
Taiwan's such production currently is fifth globally, TEEIA said.
