Hsinchu Science Park
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Hsinchu Science Park (Chinese: 新竹科學園區; Hanyu Pinyin: Xīnzhú Kē Xué Yuán Qū; Tongyong Pinyin: Sinjhú Ke Syué Yuán Cyu) was established by the government of Taiwan, ROC on December 15, 1980 with investment from the Kuomintang. It straddles Hsinchu City and Hsinchu County on the island of Taiwan. A total of 370 high-tech companies, mainly involved in the semiconductor, computer, telecommunication, and optoelectronics industries, have been established in the park at the end of December 2003. Hsinchu Science Park is now one of the world's most significant areas for semiconductor manufacturing.[citation needed] It is home to the world's top two semiconductor foundries, Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC), both of which were established at the nearby Industrial Technology Research Institute and Taiwan is the only country that possesses a professional division-of-labor system in the semiconductor industry and also has the highest density of 12-inch wafer-producing fabs, most of which are based in the park. There is also a science-themed amusement park in the area. Next door to the science park are two of Taiwan's science and engineering powerhouses, National Chiao Tung University and National Tsing Hua University. Major Companies Located In the Hsinchu Science Park
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