A massive social housing program is viewed as the means for the Taipei municipal to build an integrated smart city.    The development of smart housing– utilizing Taiwan’s strengths in the ICT (information and communications technology) sector – is central to the Taipei City government’s blueprint for the future. The plan also matches the national government’s…

Major multinationals are engaging in research and training programs in Taiwan. How can Taiwan’s highly successful – but low margin – contract electronics manufacturing prowess be leveraged to create innovative brand leaders as higher-margin “internet of things” (IoT) businesses? That is the ambitious task given to the government’s Asia Silicon Valley Development Agency (ASVDA) as…

Few technological advances have gained the world’s attention like the Internet of Things (IoT), defined by global analytics firm IDC as “a network of uniquely identifiable ‘things’ that communicate without human interaction using IP connectivity.” Some 13 billion connected devices are already in operation, used mostly in manufacturing, transportation, smart cities, and consumer applications, and…

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,…

Innovation is high on Taiwan’s agenda, and the Asia·Silicon Valley segment of the 5+2 Innovative Industries plan promises to launch Taiwan into the innovation value ecosystem, says National Development Council (NDC) Deputy Minister Kung Ming-hsin. Innovative technologies and business models are transforming global business, Kung says, and “if Taiwan is not included in that trend,…