Abstract
IC design companies play an important role in Taiwan high technology industry for their industry sales amount is No.2 worldwide. Among over 200 IC design companies, more than 100 are all small companies whose yearly sales amount were under 100 millions NT dollars. Those small companies must create their competitive advantage persistently to cope with the local and global competition. Therefore, a tool for analyzing the competitive advantage will be very essential. My study chooses value chain perspective to analyze the value activities and chain relationship in small IC design companies in Taiwan. With AccFast Technology Corp. as a case, this study confirms that value chain analysis is a beneficial tool to analysis competitive advantage of a company.