At a strategy meeting held earlier by Executive Yuan, the chief executive organ of the Taiwanese central government, which gathered a large number of celebrities from industries and academic institutes and aimed to develop Artificial Intelligence (AI), MediaTek Inc., one of world’s best-known IC (integrated chip) designers, heralded a promising future of the industry. The Cabinet-level Strateg...

Metal Industries Research & Development Centre (MIRDC), a Taiwanese government-funded R&D institute, signed a memorandum of understanding (MOU) with TECHNOSPARK Nanotechnology Center, a Moscow-based scientific park in Russia, to further enhance the bilateral cooperation on the development of semiconductor equipment and high energy physics application. The MOU signing ceremony was witnessed by...

Chen Liang-gee, Minister of Science and Technology (MOST), is seeking support to secure a NT$ 5 billion (US$163 million) budget on artificial intelligence (AI) development, planning to set up 3-4 cutting-edge high-speed AI computing bases to create more opportunity for Taiwanese AI sectors. MOST plans to recruit over 300 veteran researchers in the said bases, and to integrate resources among ...

The disastrous ransomware, “Wanna Cry”, has raised people’s awareness of data security issue, causing the backup-to-disc option to become an attractive new data storage solution apart from cloud storage services. Archival Disc, jointly debuted by Panasonic and Sony, the Japan-based, multinational electronics corporations, is the latest ultra-high capacity B2B storage solution with outstanding...

The 2017 Russia-Taiwan Semiconductor Smart Manufacturing and Equipment Technology and Business Matchmaking Event, held at Zelenogard, Moscow, Russia, took place in late June, gaining fruitful results as a platform for Russia-Taiwan business cooperation and bilateral markets development. Memorandum of Understanding Signing Ceremony for PIC of Russian Academy of Science, MIRDC, Optosystems, and ...

Amid optimism towards recovery of the global steel market, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, is widely expected by market observers to raise its nominal prices of domestically-sold steel for Q4 on August 26, when the firm will announce new prices. The reported expectation for higher steel prices to be charged by CSC in Q4 than in Q3 makes sense, giv...

Impacted by steadily shrinking exports and local economy battered by a slowing Chinese economy, recent upheavals in the Chinese stock market, dropping oil and commodity prices, Taiwan’s industrial production index (IPI) continuously dropped by 1.35 percent year-on-year (YoY) to 106.42 in June, albeit having inched up only 0.02 percent over May, according to the latest report issued by the Ministr...

Apparently shrugging off impact from protracted downtrend in the global air cargo industry, as well as betting on better prospects on the back of lower fuel prices, EVA Airways Corporation (EVA Air), Taiwan’s top-2 airline by size, has just finalized an order for five new Boeing 777F freighters for less than NT$50 billion (US$1.58 billion) as part of its fleet expansion plan that involves NT$65.5...

China Steel Corp. (CSC) recently launched the Taiwan Fastener Service Cloud, a cloud-based business matchmaking system aimed at connecting Taiwanese fastener suppliers with professional buyers throughout the world. The system is expected to help insiders fend off emerging competitors in the future. CSC is the largest steelmaker and wire rod supplier in Taiwan. The company developed the new clo...

With some local surface treatment factories officially ordered to shut down due to the violation of environmental protection laws in Taiwan’s southern metropolis of Kaohsiung, where more than 80% of Taiwan's fasteners are made, domestic fastener manufacturers are doing everything they can to repair their supply chain breakdown and cushion its impact in he coming months. The wave of mandatory p...