With the prolonged US-China trade war causing Taiwan's position in the tech supply chain to become more and more prevalent, many hidden titans of the nation are starting to surface. Besides being home to the internationally renowned Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan is also the world leader in the field of power supplies, among which ranks Delta Electronics, the company with the world's largest market share in power supplies and whose products are used in fields including automotive, industrial, networking, servers, and personal computers. Not one to rest on its laurels, Delta Electronics is still constantly striving to strengthen its lead. In addition to investing considerable funds into R&D, the company also announced the establishment of an Academia-Industry Research Center (AIR Center) with the National Taiwan University of Science and Technology (hereafter referred to as Taiwan Tech) in 2020, committing to the investment of at least NT$30 million over the next three years. Research in the initial stages will focus on topics such as green server rooms and energy storage, with the overall focus targeting the three major areas of 5G, cloud, and artificial intelligence.
Digital pathology and AI-based diagnostic solution developer AetherAI has cooperated with Chang Gung Memorial Hospital and Novartis Taiwan to develop application for hemopathological interpretation.
Since the outbreak of the COVID-19 pandemic, governments around the world have issued curfews restricting citizens from leaving their homes to work or to shop. Consequently, this has led to the rapid rise of remote working, remote education and e-commerce.
The Taiwan Excellence Award is often a reference point for many overseas buyers when they purchase Taiwanese products. Smart medical equipment company and winner of the 2021 Taiwan Excellence Award, Acer Medical, has announced that it will be attending the Smart Upgrade with AI Webinar which is promoted by the Bureau of Foreign Trade, Ministry of Economic Affairs and jointly hosted by the Taiwan External Trade Development Council and the Information Service Industry Association of ROC.
Deep Vision, a startup developing AI edge accelerator hardware, has recently closed a US$35 million Series B financing round, with Silicon Motion Technology being among the investors.
Environmental, social, and governance (ESG) are becoming parts of important criteria to evaluate a company's value. ESG is crucial for a company not only because it brings positive changes to society, but also because it provides another indicator for its investors to evaluate a company's ability to mitigate risks and identify opportunities.
The ever-changing business environment has urged companies to always stay agile to prepare for the unexpected. Innovation, then, becomes the main factor for companies in different industries to ensure their organic growth. The traditional industries, such as textiles and apparel, bike manufacturing, food, and even real estate, are also looking for innovations either internally or via collaboration with partners.
Megvii Technology, a China-based artificial intelligence (AI) company, has finally received its notice of admission for listing on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR market). The approval in September 2021 comes after six months of waiting.
Boxed is a US warehouse club delivery service company, which delivers anywhere in the continental USA, with revenue in the hundreds of millions. The company invests heavily in its technology: it has its own software, runs its own state-of-the-art fulfillment centers, and builds its own automation robotic in-house.
Remote work becomes the norm and will continue to change every single aspect of our life even in post-pandemic. Phil Libin, cofounder of Evernote and currently CEO of mmhmm shared his insights on post-pandemic trends and advised startups on how to find product-market fit, in a keynote speech on Sept 9, the first-day event of the 2021 US-Taiwan Startup Forum (UTSF), co-sponsored by the North America Taiwan Engineering & Science Association (NATEA) and Taiwan Tech Arena (TTA).
After 12 years as an engineer and salesperson in the semiconductor industry, Andy Lin founded Yo-Kai Express, a food technology startup. Lin has integrated Internet-of-Things (IoT) technology, modular supply chain management, artificial intelligence (AI), and material science to develop a new platform that breaks through the confines of space and time.
The value of the global activewear market was estimated at $353.5 billion in 2020 and is expected to grow at a 3.7% CAGR over the next six years, reaching $439.17 billion by 2026, according to investment firm Comprar Acciones. The activewear industry has always been very competitive; staying innovative is key to differentiation.
Hiring employees from many different countries can be a long process of legal and accounting counseling and can keep businesses from accessing foreign markets sound and fast. Singapore-based HR tech startup Slasify offers solutions to legal compliance and payroll transfers. In an interview with DIGITIMES, Slasify CEO Carlos Wang and SparkLabs Taipei managing partner Edgar Chiu are sharing what they see in the HR tech industry.
Climate change is changing many aspects of our everyday life. Transportation is one of them. Seeing the boom of e-bikes and the opportunities of green mobility, Marcel Yang, Giant Bicycles' special assistant to CEO, mentioned that Giant is creating an economic ecosystem in the cycling industry where all the partners can work closely together. He also shared his experience in driving innovations in this bike manufacturing company.
Innovative new business models by SpaceX and Blue Origin have reduced the costs of space tourism and satellite launches, creating a gradual paradigm shift in the new space industry supply chain.
