The “Smart Electronics Industry Development and Promotion Project” of the Industrial Development Administration (IDA) is planned in accordance with the conclusion of the “Five Major Innovative Industries – Asia and Silicon Valley Promotion Project” of the government of Taiwan and “Taiwan Semiconductor Industry upgrading Strategic Planning Meeting.” To build Taiwan to become the global IC design and manufacturing center and to search for the next generation new growth momentum, the Ministry of Economic Affairs (MOEA) played an important role in industrial promotion, starting out with “Building the Most Suitable Industrial Structure,” through “Smart Electronics Industry Project Promotion Office (SIPO), IDB, MOEA” fully grasped the reports on the state and the needs for future development in the smart electronics industrial market and provided a platform for mutual cooperation and exchanges in the industry, as well as an investment environment favorable to technical development.