Taiwan has been a leading economy of Information and Communications Technology (ICT) since the 1980s, with huge partnerships among IT giants such as Apple, Google, and Microsoft, to name a few. The country has made a name for itself as one of the world’s leading sources of semiconductors, personal computing, mobile devices, broadband appliances and display markets, accounting for approximately 16 per cent of their GDP.
With the meteoric rise of Artificial Intelligence (AI) and the Internet of Things (IoT), Taiwan has widened its integrity beyond modern manufacturing chain, now as an inventive economy of intellectual property and innovators.
Over 95 per cent of Taiwanese companies are comprised of SMEs; and yet almost all have quickly adapted to the digital transformation wave that has swept the world thanks to the nations focus on ICT applications and domain knowledge. This entrepreneurial culture is a best practice in driving the progress of Philippines’ SME-driven economy.
As such, Taiwan Excellence, organized by Bureau of Foreign Trade (MOEA) and Taiwan External Trade Development Council (TAITRA), will be at the forefront of the Asia IoT Business Platform.
To share the smart IoT solutions applicable to small, medium and enterprise businesses, Taiwan Excellence will bring dependable partners with proven cutting edge competence in: networking, cloud data systems and communication solutions.
Building sustainable partnerships with neighbouring countries and varied businesses is an opportunity to develop a global centre of tech entrepreneurship, as Taiwan’s commitment to be the hub of Asia and Silicon Valley.
Taiwan’s main objective is to advocate innovation, improve income distribution and employment rate, and create more balanced regional development. This circular economy of building a business network ensures continual restoration and regeneration bringing utmost value to both businessmen’s objectives and consumers lifestyle needs.