Taiwan industry timeline 1953–2026

From the economic plans of 1953 to the 2026 Taiwan–US trade agreement: 37 events on four tracks — policy, companies, capital market, international — each with an official source.

最終更新 2026-11-10

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Farming funds industry, then exports 1953–1969

1953

Policy and institutions The government begins drawing up medium-term economic plans ↗

According to the Executive Yuan, medium-term national development plans have been drawn up since 1953, sixteen of them by 2016.
1960-09-10

Policy and institutions Statute for the Encouragement of Investment promulgated ↗

A statute rewarding investment with tax relief; it remained in force until 31 December 1990.
1962-02-09

Capital market The Taiwan Stock Exchange opens ↗

Founded on 23 October 1961, it opened for business on 9 February the following year. Read the article →
1966-12-03

Policy and institutions Kaohsiung Export Processing Zone established ↗

Taiwan’s first export processing zone. It was renamed a Technology Industrial Park in March 2021. Read the article →

Heavy industry, the Ten Projects and the start of electronics 1970–1989

1973-07-05

Policy and institutions Industrial Technology Research Institute (ITRI) founded ↗

The legislature passed its founding statute in January of the same year. ITRI later carried out the integrated-circuit technology transfer.
1974

Policy and institutions The Ten Major Construction Projects begin ↗

Originally nine projects; a nuclear power plant made it ten. Completion dates differ, the North-Link railway was finished in February 1980. Read the article →
1976-03-05

Companies and technology ITRI signs an integrated-circuit technology-transfer agreement with RCA ↗

The date comes from the official chronology of Dr Pan Wen-yuan’s life. Read the article →
1979-07-27

Policy and institutions Act for the Establishment and Administration of Science Industrial Parks promulgated ↗

The legal basis for science parks. It was renamed in 2018.
1980-05-22

Companies and technology United Microelectronics Corporation (UMC) founded ↗

The date is the incorporation date in the TWSE company profile. It listed on 16 July 1985. Read the article →
1980-12-15

Policy and institutions Hsinchu Science Industrial Park established ↗

The first science park. Read the article →
1986

Capital market The trade surplus widens and the New Taiwan dollar appreciates ↗

The merchandise trade surplus was US$8.59 billion in 1984 and US$15.74 billion in 1986. The year-end exchange rate went from NT$39.85 to the US dollar in 1985 to NT$28.55 in 1987 (CEPD statistics). Read the article →
1987-02-21

Companies and technology Taiwan Semiconductor Manufacturing Company (TSMC) incorporated ↗

It listed on 5 September 1994. Read the article →

Science parks expand; global division of labour 1990–2009

1990-12-29

Policy and institutions Statute for Upgrading Industries promulgated ↗

In force from 1 January 1991. Its tax-relief chapter ran until the end of 2009. Read the article →
1994-11-01

Capital market The Taipei Exchange (TPEx) established ↗

It took over the over-the-counter market, today’s TPEx mainboard and Emerging Stock Board.
1995-05

Policy and institutions Plan for the Southern Taiwan Science Park approved ↗

The Executive Yuan had resolved to set it up in February of that year.
2002-01-01

International Taiwan becomes the 144th member of the World Trade Organization ↗

The accession protocol was signed on 12 November 2001. Read the article →
2002-09-23

Policy and institutions Plan for the Central Taiwan Science Park approved ↗

It opened to tenants on 28 July 2003.

The innovation statute; semiconductors become the trunk 2010–2021

2010-05-12

Policy and institutions Statute for Industrial Innovation promulgated ↗

The Statute for Upgrading Industries was repealed the same day. Today’s R&D tax credits sit in this law.
2010-06-29

International Cross-Strait Economic Cooperation Framework Agreement (ECFA) signed ↗

Signed by the Straits Exchange Foundation and its counterpart; it took effect on 12 September that year.
2016

Policy and institutions The “5+2” industrial innovation programme ↗

The premier said in November 2016 that his team had pursued it since taking office in May; it covered smart machinery, green energy, the “Asia Silicon Valley”, biomedicine, defence and new agriculture.
2019-01-01

Policy and institutions Action plan welcoming overseas Taiwanese businesses back to invest begins ↗

As of 5 November 2026, 372 companies had been approved, with estimated investment of about NT$1.70 trillion, the approved amount, not money actually spent.
2020-05-15

Companies and technology TSMC announces a fab in Arizona ↗

Total spending from 2021 to 2029 was put at about US$12 billion at the time. Read the article →
2020-12-10

Policy and institutions Programme for the Six Core Strategic Industries ↗

The National Development Council presented the overall plan to the Executive Yuan Council.
2021-11-09

Companies and technology TSMC’s board approves a subsidiary in Japan ↗

The Kumamoto fab held its opening ceremony on 24 February 2024.

AI servers, tariffs and fabs abroad 2022–2026

2022-08-09

International The US CHIPS and Science Act ↗

Public Law 117-167.
2023-01-19

Policy and institutions Article 10-2 added to the Statute for Industrial Innovation ↗

25% of spending on forward-looking innovative R&D can be credited against corporate income tax, through the end of 2029.
2024-03-21

Capital market The TAIEX closes above 20,000 for the first time ↗

Determined by checking the exchange’s historical index data day by day.
2024-04-08

Companies and technology TSMC’s Arizona plan rises above US$65 billion ↗

A third fab was announced.
2025-03-04

Companies and technology TSMC says its total US investment is expected to reach US$165 billion ↗

A further US$100 billion on top of the existing plan.
2025-04-01

International The United States opens a Section 232 investigation into semiconductors ↗

Phase one was proclaimed on 14 January 2026: 25% on certain advanced computing chips. As of November 2026 no official announcement of a broader second phase could be found.
2025-04-02

International The United States announces reciprocal tariffs; Taiwan’s rate is 32% ↗

According to the Executive Yuan’s Office of Trade Negotiations, it was cut to 20% in August that year.
2025-05-19

Companies and technology NVIDIA unveils “Constellation”, its new Taiwan office, at Computex ↗
2026-01-05

Capital market The TAIEX closes above 30,000 for the first time ↗

Determined by checking the exchange’s historical index data day by day.
2026-02-11

Companies and technology Taipei City and NVIDIA sign the land-rights contract at the Beitou-Shilin Technology Park ↗

City release: royalties of NT$12.2 billion; NVIDIA’s investment and operating plan totals more than NT$40 billion.
2026-02-12

International Taiwan and the United States sign an Agreement on Reciprocal Trade ↗

According to the Executive Yuan: a reciprocal tariff of 15% without stacking, and 2,072 export items exempted. Signing is not entry into force; as of November 2026 no notice of entry into force could be found.
2026-02-20

International The US Supreme Court rules the legal basis for the reciprocal tariffs invalid ↗

According to the Executive Yuan, Washington switched to a 150-day temporary tariff under Section 122 of the Trade Act; under the Section 301 rates announced on 24 July, Taiwan’s is 10% without stacking.
2026-05-04

Capital market The TAIEX closes above 40,000 for the first time ↗

Determined by checking the exchange’s historical index data day by day.

結果の見方

Events are grouped into five periods, earliest first. The tag in front of each entry shows its track: policy and institutions, companies and technology, capital market, or international. Use the buttons above to view one track; the address changes with it and can be shared.

How were the events chosen?

Dates come from the legislative history in the national law database, from the responsible agency, or from the company’s own announcement. The dates on which the TAIEX first closed above round-number levels were found by checking the exchange’s historical index data day by day.

Only events with an official source, or a source from the institution concerned, are included. Some familiar claims are left out: the Ten Major Construction Projects have no single official completion date, so only the starting year is given; and the exact date in 1990 on which the TAIEX first passed 10,000 cannot be found in the exchange’s online data, so it is not listed.

データの出典

The Laws and Regulations Database, the Executive Yuan, the National Science and Technology Council and the three park bureaus, the TWSE, the TPEx, ITRI, TSMC press releases and the US Federal Register. The arrow beside each event leads to the original page. Accessed 2026-11-10.

よくある質問

When was TSMC founded?

It was incorporated on 21 February 1987 and listed on 5 September 1994. The dates come from the company history in TSMC’s financial statements and from the TWSE company profile.

When was the Hsinchu Science Park established?

On 15 December 1980. The act governing science industrial parks had been promulgated the previous July.

Where was Taiwan’s first export processing zone?

In Kaohsiung, established on 3 December 1966. It was renamed a Technology Industrial Park in March 2021.

When did the TAIEX pass 40,000?

It first closed above 40,000 on 4 May 2026, at 40,705.14. It first closed above 30,000 on 5 January of the same year, and above 20,000 on 21 March 2024.

Has the Taiwan–US trade agreement entered into force?

The agreement was signed on 12 February 2026. As of 10 November 2026 we could find no notice of its entry into force.

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