The Novartis motto – “Reimagining Medicine” – goes to the heart of the company’s deep commitment to developing innovative drugs to help fill the unmet needs of patients worldwide. The Swiss-based pharmaceutical multinational consistently ranks among the top companies investing in R&D, ensuring a constant pipeline of new and groundbreaking treatments. In 2017 the investment…

Corning is the world’s leading glass, fiber, and ceramics maker, producing an array of life changing innovations in advanced optics, communications networks, display glass, and the ultra-durable Gorilla Glass. But the innovation that most excites Daniel Tseng, President of Corning Display Technologies Taiwan (CDTT), and these days is a smartphone camera flash that enables selfies…

The major new development is creation of Taiwania Capital Management, a government-backed venture-capital operation. Among the seven industries targeted in the government’s “5+2 Industrial Innovation Program,” the one starting with the strongest foundation is smart machinery. Overall machinery production value this year could break the NT$1 trillion (about US$33 billion) mark for the first time,…

The Tsai administration is making a heavy commitment of resources to promoting seven sectors of the economy as the key to transforming Taiwan’s industry. The initial five “pillar industries” were the Internet of Things (also referred to as Asia·Silicon Valley), Biomedical, Green Energy, Smart Machinery, and Defense. Added later were high-value agriculture and the circular…