Currently, most semiconductor manufacturers adopt a passive approach in the selection process of equipment technology and often lack careful consideration. However, with the emergence of technology bottleneck in semiconductor IC processes one after the other, semiconductor manufacturers no longer wait for equipment vendors to propose solutions in an effort to achieve leading edge in technology. Instead, they have taken initiatives as well as an active approach to participate in the establishment of equipment specifications and its development. Thus, the relationship between equipment vendors and semiconductor manufacturers no longer borders on ordinary buy and sell relationship, where mutual relationship is terminated once transaction has been completed. In reality, they now maintain a long–term cooperative relationship. The purpose of this paper is to understand the key factors considered by the topten semiconductor manufacturers in Taiwan when selecting equipment vendors. A separate review of the key factors considered by each type of manufacturers relative to their selection of equipment vendors is also conducted. Objective is to allow newly established semiconductor manufacturers to clearly understand its position in the industry as well as understand evaluation methods adopted by semiconductor manufacturers under which category they belong. Established manufacturers may use these results to evaluate their current equipment vendors. With respect to newly established, domestic or foreign equipment vendors who wish to enter the Taiwan's market, these results may provide useful information on the demands of Taiwan's customers to ensure smooth further contact. After compiling results of the survey, evaluation factors can be divided into four dimensions: production management, business management, potential competence, and current status.