Origin
On April 16, 2002, the Executive Yuan asked the Ministry of Economic Affairs to establish the “Semiconductor Industry Promotion Office, SIPO” to coordinate, plan, promote and augment the development of the semiconductor industry in Taiwan.
Transformation
【2012】SIPO was renamed “Smart Electronics Industry Promotion Office, SIPO”
SIPO started to help semiconductor companies stepping into MG+4C (Medical, Green, Car, Computer, Communication and Consumer) applications in 2011 and into IoT (Internet of Things) applications in 2016, and to promote industrial transformation and upgrading.
【2018】SIPO was renamed “Smart Electronics Industry Project Promotion Office, SIPO”
SIPO started to help semiconductor companies stepping into IoT (Internet of Things) and AI(Artificial Intelligence) applications in 2018, and to promote industrial transformation and upgrading.
Taiwan's Semiconductor Industry Annual Output Value
(Unit：hundred million NTD)
2001
5,269
2002
6,529
2003
8,189
2004
11,036
2005
11,233
2006
14,013
2007
14,897
2008
13,791
2009
12,789
2010
17,693
2011
15,627
2012
16,342
2013
18,886
2014
21,133
2015
21,630
2016
23,208
2017
22,799
2018
24,261
2019
24,030
2020
29,311
2021
37,167
2022
44,088
Source：ITRI-ISTI (April 2019)
Five Major Services and Promotion Works
- Commanding the development of companies and help them eliminate investment obstacles and facilitate investments.
- Maintaining the cross-ministerial single window to effectively facilitate communications between industries and government and promotion of industrial development.
- Playing the role of Taiwanese government aides to plan and promote important industrial policies of government.
- Intensifying the cooperation along the entire IoT and AI industrial chain and with major international players to improve Taiwan's industrial competitiveness.
- Introducing global experts to visit Taiwan for networking events with Taiwanese companies, helping Taiwanese companies to broaden horizons and boosting industrial upgrading.
