The COVID-19 pandemic has slowed down the development of offshore wind resources in 2020 due to disruptions in supply chains. Over the long-term, however, the government’s rigorous localization policy may present an even bigger impediment. Riding high on the inauguration of its first major offshore wind farm – the 128-megawatt (MW) Formosa 1, Phase 2…
Several Taiwan startups are offering innovative solutions to healthcare-related issues using AI technology and access to years of NHI data. The future of healthcare is just around the corner. Artificial intelligence (AI) is already starting to transform the way healthcare is delivered around the world, and its potential is huge. At its best, AI can…
With a focus on driverless public transportation, the government and local industries have been collaborating to put more AVs on the road, using extensive testing to ensure safety. Driverless cars have proven harder to make than many people initially thought. Fully autonomous vehicles (AVs), which require zero human attention and don’t even have steering wheels,…
Strong demand for the service could help offset the hit to Uber’s ride-hailing business as a result of the pandemic. The two aspects of Uber’s operations in Taiwan show the very different effects that the coronavirus pandemic can have on business. With few foreign tourists around since Taiwan closed its borders to non-residents on March…
Audrey Tang shared her thoughts with Taiwan Business TOPICS on the intersection between technology and governance. In Taiwan, there is no official government title of “Digital Minister,” yet that is what is engraved on the plaque on the wall adjoining Audrey Tang’s office in the Executive Yuan. In fact, as she tells Taiwan Business TOPICS,…
While plans for new digital agency are still being deliberated, both government insiders and industry players are weighing in on what form it should take and what its mandate should be. For an economy as heavily dependent on technology as Taiwan’s, fostering digital and technological transformation is increasingly vital. The government’s plans to establish a…
Insights from SEMI Taiwan’s Terry Tsao When Terry Tsao heard President Tsai Ing-wen mention semiconductors as one of the six core strategic sectors the Taiwan government would focus on over the next four years during her inaugural address this May, he says he almost cried with happiness. The chief marketing officer and president of the…
An Exclusive Interview with National Development Council Minister Kung Ming-hsin Taiwan has done a stellar job of managing the COVID-19 pandemic, and has experienced comparatively minimal economic damage. Now it is time to start thinking about how it can capitalize on its strong high-tech capabilities and the international goodwill it has earned to become a…
Promising new opportunities have been opening for Taiwan’s economic development. Although COVID-19 has wrecked numerous economies around the world, Taiwan has been a notable exception. Remarkably, Taiwan has emerged from the pandemic not only almost unscathed, but with even greater confidence and prospects for growth than anytime during the last two decades. Pundits have tended…
Much of Taiwan’s industry is being transformed by the introduction of AI technologies, particularly in the areas of manufacturing and healthcare. Industry the world over is experiencing some radical changes, propelled by the continued development and application of AI technology across a wide variety of different fields. While in most countries everything from finance and…
