On July 28th, Friday, at the Company Venture in New York City, the North America Taiwanese Engineering & Science Association (NATEA) NY team hosted a thought-provoking startup talk event, centered around the theme of "Becoming an Entrepreneur". The entrepreneurial journey is often a daring leap from the familiar world of corporate jobs to the uncertain territory of startups. Throughout the talk, industry experts generously shared their invaluable experiences, challenges, and expert advice for those aspiring to make this transformation. Covering a wide array of topics, from finding the right co-founder to understanding the industry and securing venture capital funding, the event provided a treasure trove of insights for budding entrepreneurs.
The US government announced in mid-July 2023 that it will introduce a cybersecurity seal, dubbed the "US Cyber Trust Mark," for Internet of things (IoT) devices. The seal is intended to help consumers purchase trusted devices that are less vulnerable to hacking by labeling them as compliant with security standards. It is reported that the initiative will initially focus on home IoT devices and is expected to be launched in 2024.
As post-pandemic tourism rebounds, Brogent Technologies, a key player in the realm of immersive simulation amusement equipment, has been consistently securing new orders. This trend is expected to drive a substantial surge in revenue during the latter half of the year. In anticipation of future market demands, Brogent Technologies aims to amplify production capacity, and the stages of design and planning are actively underway.
Typhoon Doksuri has brought heavy rainfall to northern China over the past two weeks, causing at least 20 deaths and affecting millions stuck in the resultant floods in the suburban areas south of Beijing. But the same typhoon only caused relatively minor damage of NTD230 million (US$7.41 million) to Taiwan, thanks to the Taiwan government's decisive preparedness measures based on the monitoring information provided by the Civil IoT Taiwan platform.
Nvidia, together with Apple, Pixar, Adobe, Autodesk, and the Linux Foundation's subsidiary, the Joint Development Foundation (JDF), recently announced the formation of the OpenUSD Alliance (AOUSD) to promote the standardization, development, exploitation, and growth of Pixar's Universal Scene Description (USD) technology.
Having been targeted in trade sanctions, Huawei has started to find alternative revenue sources by collecting patent royalties from manufacturers in the Asia-Pacific region. Japanese stakeholders are most worried about Huawei using the royalties as bait to get access to data from IoT sensors, which may endanger national security, according to a Nikkei report.
Worldwide spending on the Internet of things (IoT) is forecast to be US$805.7 billion in 2023, an increase of 10.6% over 2022, according to a new IDC Worldwide Internet of Things Spending Guide. Investments in the IoT ecosystem are expected to surpass US$1 trillion in 2026 with a compound annual growth rate (CAGR) of 10.4% over the 2023–2027 forecast period.
When product autonomy is considered in the long run, it's not surprising to see carmakers and smartphone manufacturers in China vying to cross over into each other's market. However, as seen with Nio, Xiaomi, and Huawei, making a smart car completely in-house with only either the car owner base or the smartphone technology may not be the best market penetration strategy.
ChatGPT, the chatbot that uses the GPT language model developed by OpenAI, has become the fastest-growing consumer application in history, according to a UBS study. Since its release in 2020, GPT-3 has been praised for its ability to generate human-like text. These factors, along with ChatGPT's impressively two-month surge to achieve 100M users, make it an excellent case study for technology productization.
In the annual sessions of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the so-called "Two Sessions" that ended in March, the focus was undoubtedly on the autonomy of semiconductor technology. But AI was also mentioned quite a few times.
The European software market grew 15% on year in 2022 despite economic turbulence and global instability. This represented the highest growth in the last 20 years, demonstrating the resiliency of demand for software in the face of major macroeconomic factors.
Meta Platforms Inc. is hoping to revive interest in the metaverse by pitching it as a tool to help train workforces, showing the social media giant isn't backing down on its virtual reality ambitions even as artificial intelligence takes center stage.
Taiwan digital advertising group funP Innovation has just raised US$3.12 million in the first closing of the latest fundraising round from a Foxconn subsidiary, Ennoconn.
Baidu announced that it is launching an upgraded version of Ernie Bot 3.0 (Wen Xin Yi Yan) in March, 2023. As Baidu's answer to ChatGPT, the AI-generative content (AIGC) service will be fully integrated across Baidu's operations, including Baidu App, Baidu Search, and Baidu AI Cloud to enhance user experience, according to Robin Li, Baidu co-founder and CEO, during the company's earnings call on Feb 22.
All firms with considerable business scales in Taiwan's electronics industry are publicly traded. When they release their tentative annual financial indicators, we can already grasp the growth momentum of the industry, as well as the interactions between different industry sectors and the medium- and long-term outlook. DIGITIMES has again collected data on the ICT product manufacturing, semiconductors, optoelectronics, IC distribution and components sectors, providing readers with a comprehensive picture of the electronics industry and an outlook of the industry trends in 2023.
Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product — lightweight augmented-reality glasses — has been postponed due to technical challenges.
Wistron ITS reported consolidated revenues of NT$2.09 billion (US$68.45 million) for the fourth quarter of 2022, up 19.8% on year with the net profit surging over 40% on year to the highest quarterly record of NT$164 million.
Qualcomm Technologies Inc. announced on January 13 the launch of its 5th Qualcomm Innovate in Taiwan Challenge (QITC) to support Taiwan startups in developing innovative solutions using Qualcomm's mobile platforms in the areas of 5G, Internet of Things (IoT), Edge AI, Machine Learning, Smart Cities, Robotics and Multimedia.
Taiwan's Epoch Foundation invited nine top young innovators under the age of 35 from all over the world to share their research directions in essential technical fields, presented online at the Young Innovators Conference on Jan 12 Taipei time. Seven of these bright innovators are winners of the 2022 MIT Technology Review's Innovators Under 35.
Neurovine, an EEG (Electroencephalogram)-based cognitive pacing solution provider, tapped into the global ICT supply chain last year by joining the Canadian Technology Accelerator (CTA) business development program in Taipei. The company expects to advance its wearable technology by leveraging expertise from Asian partners.
Broadcom Inc.'s proposed $61 billion takeover of cloud-computing company VMware Inc. faces an extended European Union review, after EU regulators warned that the deal could lead to "higher prices, lower quality and less innovation" for business customers.
Despite the recent fallout in the crypto industry and some of the negative connotations derived from speculations on non-fungible tokens (NFT), entrepreneurs and developers of the novel technology gathered last week at the Taipei Blockchain Week to share some of the practical use cases and what Web3 and blockchain can bring to the table for the future.
A Vietnamese Internet startup that's successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode.
India's antitrust watchdog fined Google twice within a week. Local developers are delighted by the decision and expect a bourgeoning of the mobile ecosystem in the world's third-largest startup ecosystem.
