Linking to an innovative IoT future through the advantages of Taiwanese industry
Organization: Industrial Development Bureau, MOEA Publish Date: 2017-02-20 16:56
As the development of global IoT-related business is speeding up, the Ministry of Economic Affairs has invited IoT industrial leaders in Taiwan to find ways to help Taiwan become an important IoT hub. Participants suggested that Taiwan’s government should continue to devote resources in building IoT test fields, further emphasize Taiwan's industrial advantages, and to increase investment in heterogeneous integration of wafer technology, in-depth learning, and artificial intelligence to seize the opportunity for the development of the IoT.
In this IoT summit, participants have come from various fields, such as chipsets, network platforms, system platforms and applications & solutions in the IoT industry. To organize this summit, the Ministry of Economic Affairs is cooperating with the Taiwan Semiconductor Industry Association, the Taiwan Telecom Industry Development Association, the Cloud Computing & IoT Association in Taiwan and the Taipei Computer Business Association to hold industrial group discussions before the summit.
Participants suggested that governmental policy should focus on vertical market integration rather than the traditional perspective of a horizontal market. The government should stress areas in which Taiwan has advantages, such as healthcare, transportation, surveillance and agriculture. The government should also encourage the formation of a cross-industry alliance to target hardware and software integration such as smart-sensing devices, AI analysis and deep learning to develop new IoT services.
Minister Lee of the MOEA said that this IoT summit not only helps identify a better position for Taiwan's IoT industry, it is also the best way to increase value for the IoT industry in order to drive economic development and transformation. Acting Director General Leu of the IDB stressed that recommendations from the industry will be taken into consideration as references to help cultivate the IoT industry in Taiwan.