中資

MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan

Taiwanese Government Encourages Chinese Investors to Enter the ICT Industry While People Oppose

Zou Chi

A scholar-organized alliance launched a petition on the Internet opposing the trade pact opening up the information and communication technology (ICT) industry for Chinese investors. According to the petition, the Taiwanese integrated-circuit-design industry accounted for 22% of the global market share in 2014, which ranks second in the world, following the US.

Alibaba Group Executive Chairman Ma gestures while giving a speech at National Taiwan University in Taipei

Alibaba Launches US$ 307 Million Fund for Taiwan Start-ups

Zou Chi

Alibaba executive vice chairman Joseph Tsai points out, executive chairman Jack Ma found out from talking to Taiwanese entrepreneurs that the common concern is a lack of young successors. In order to help young people build start-ups, Alibaba will give out NT$10 billion (approximately US$ 307 million) of venture funds.

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