The Taiwan Ministry of Science and Technology (MoST) has tapped Uber Taiwan as a partner in MoST’s Taiwan Tech Arena (TTA), a platform for growing startups. As part of the partnership, Uber will share information related to artificial intelligence (AI) and self-driving vehicles with the goal of strengthening Taiwanese startups and growing the tech talent pool in Taiwan.
Taiwan recently hosted a five-day meeting of the 3rd Generation Partnership Project (3GPP) for the fifth consecutive year. More than 350 representatives from roughly 150 technology companies including AT&T, Intel, Nokia and Samsung attended the summit looking to establish technical standards for 5G. In addition to standards development, the summit gave industry the chance to urge government leaders to update regulations surrounding 5G to prepare for the technology’s effect on industries such as self-driving vehicles and health care.
The Taiwan Ministry of Science and Technology (MoST) brought 44 Taiwanese companies to CES 2019, leading to NT$5.5 billion new Taiwan dollars (about U.S. $180 million) in business opportunities, according to Minister Chen Liang-Gee. At the Taiwan Tech Arena, companies focused on areas such as AI, health care, wearables and IoT. Deputy Minister Yu-Chin Hsu pointed to the fact that eight Taiwanese companies won CES 2019 Innovation Awards. “All of these awards are for innovation that makes a meaningful difference in the lives of people that we in the technology industry serve,” he said.
Chailease to Invest Heavily in Solar
Chailease, a financial company based in Taiwan, announced plans to invest NT$10 billion — roughly U.S. $325 million — to increase solar power production in Taiwan. Over the past five years, Chailease has invested NT$20 billion in solar power production. The solar investments will be in Southern Taiwan Science Park and Hsinchu. According to Chailease, the newest solar facility will produce 1.3 million kilowatts per hour of electricity, reducing carbon emissions by roughly 725 metric tons.
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