Page 10 - AsiaSiliconValley

Potential Investment and

Collaboration Opportunities

in Taiwan

Utilizing Taiwan's dominant industries to
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develop core applications in the IoT industry

Taiwan has a complete semiconductor supply chain, an abundance of
engineering talent for R&D and design, and is close to emerging markets in Asia.
System application/assembly companies in the ICT industry are recognized by
international brands for their manufacturing ability. The companies have recently
expanded beyond conventional 3C (computer, communications, consumer
electronics) into vertical IoT applications and system integration solutions.
Through investing in Taiwan, foreign companies are able to increase the depth
of their partnership with Taiwan's semiconductor and ICT industries, implement
high-end parts and components/software design and development technologies,
and search for module, subsystem, and application developers to work with, then
jointly develop the targeted vertical IoT application markets.

To drive the development of the artificial intelligence and IoT industries,
the government implemented the "IC Design & Semiconductor Technology R&D
and Application Program" from 2018 to 2021. The Program focuses on IoT and
integrates the capabilities of the industry, government, academia, and research
institutes to develop chip services, semiconductor technologies, sub-systems,
and demonstration sites necessary for the development of IoT. It also trains
related engineering talents and contributes to the development of "IoT product
prototypes" for a pilot run, thus creating a complete ecosystem for Taiwan's
IoT industry. Under this Program, the Industrial Technology Research Institute
(ITRI) established the "IoT Integrated Service Center (IisC)" to provide one-
stop IoT software and hardware design, production, and verification services.
It has assisted several companies in the completion of dozens of technical
service results. For instance, IisC assisted domestic smart watch developer
JCiplus Technology Corp in developing "validation algorithms" and value-added

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