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- Internet of Things
- Asia Silicon Valley
- Industry 4.0
- Internet of Vehicles
- New Southbound Policy
- Taiwan trade
- Taiwan economic policy
- Geber Consulting
Smart City Expo's Asia Silicon Valley Pavilion Invites You to Create a Sustainable Future through Digital Innovation
TAIPEI, April 12, 2023 /PRNewswire/ -- The 2023 Smart City Summit & Expo (SCSE), Asia's largest smart city tradeshow, was held at Taipei Nangang Exhibition Center, Hall 2, from March 28-31. To showcase the achievements of Asia Silicon Valley Development Plan 2.0 (ASVDP 2.0), the Asia Silicon Valley Development Agency (ASVDA) set up the Asia Silicon Valley Theme Pavilion at the event at which it displayed a wide range of smart city solutions covering smart healthcare, smart agriculture, smart energy, and 5G AIoT. The goal is to drive economic growth through innovation and entrepreneurship, advance industrial transformation through the application of IoT, and demonstrate Taiwan's strong capabilities in developing smart city applications.
The government's ambitious targets to grow Taiwan's internet of things industry are coming together despite talent-related teething troubles.
Taiwan's New Southbound Policy smacks of colonial arrogance and misallocates company resources. Taiwan must focus on profitable markets rather than convenient geographies.
Surviving The IoT Era: Taiwan Government Proposes Measures Encouraging Startups and Related Industries
In face of the arrival of the IoT era, the Ministry of Economic Affairs and president-elect Tsai Ing-wen both brought up measures to encourage the development of relevant industries. While the former plans to bring together local startups and enterprises, the latter focuses on the development of five industries to establish a foothold in the IoT era.
The penetration rate of smartphones in Taiwan has reached up to 78%, ranking among the top ten in the world and top five in Asia. This shows that Taiwan has a mature environment for mobile marketing and offers many opportunities to Taiwan’s small and medium enterprises. A growing trend of Internet of Things (IoT) also poses as a new frontier for new start-ups and businesses.