• Emilia Shih, Deputy Executive Director
  • Jason Hsu, Director of Economic Division

Taiwan promotes Go South Policy amid plans to help tech companies enter Thailand

Tech December 01, 2017 19:11

By The Nation

7,020 Viewed

Taiwan has launched the Go South Policy to boost relations with countries across Asia.

In order to assist Taiwanese ICT companies to expand into Thailand, the Taiwan External Trade Development Council (TAITRA) held a press conference on the Taiwan AIoT Industry and Computex 2018 event on November 30.

To further shape Taiwan into a global technology hub, the Taiwan government has launched the "Asian Silicon Valley" development plan to foster the development of disruptive IoT technology and to build global startup ecosystems

Taiwan keeps playing an important role in the global ICT supply chain and AIoT ecosystems. Based on solid foundation of OEM/ODM business and R&D abilities, the Taiwan ICT industry has been transforming into an AIoT solution providers in the past few years.

The fast development of the Artificial Intelligence of Things (AIoT) will also boost Taiwan's semiconductor industry in the next five years. The production value of Taiwan's semiconductor industry is expected to grow more than 7 percent annually in 2018 as demand increases for integrated circuit (IC) devices for artificial intelligence applications.

Emilia Shih, deputy executive director, Exhibition Department, TAITRA said: "With strong support from Taiwan's ICT industry, Computex, one of the global leading B2B trade shows in ICT, IoT & Startup sectors, always keeps in sync with global tech trends. For the past two years, the trade show has repositioned itself as "Building Global Technology Ecosystems".