Page 15 - Services

In addition, the service ecosystem includes different industries and its
composition may include competitors, partners, complementary enterprises, and
related product/technology/service providers. The service ecosystem should
include the products or services of the main core members, and integrate other
members to establish a business model on a certain digital or physical platform
for building a business model to generate profits. The ecosystem will then use the
profits to innovate, invest, or produce more services to form symbiotic, profitable,
and evolving relations.

Successful Examples of

Foreign Companies

1 Logistics and Transportation Services

The American company UPS expanded its investments in Taiwan in view
of Taiwan's potential as a regional warehouse and logistics hub. Its logistics
center, built with an investment of NT$45 million, will be used with the Group's
smart logistics network to strengthen the links and competitiveness of the
Company's supply chain. The German company DHL invested NT$80 million in
the establishment of a brand-new service center in Taoyuan to connect Taiwan to
more than 220 countries and regions across the world. Yahoo's parent company
Verizon Media recognized the potential of e-commerce in Taiwan and invested
NT$100 million for the establishment of a brand-new logistics center in northern
Taiwan to use innovative technologies to provide buyers with a high-quality online
shopping environment. It introduced AI high-density dynamic storage and picking
decision-making technologies and uses automation in 80% of its procedures. It is
currently the largest intelligent automated shuttle-powered warehousing logistics
center in Taiwan.

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