Technology news headlines from Taiwan in November of 2023 covered items and developments including: AR medical-tech for remote surgeries; Foxconn’s move into satellite technologies; cryptocurrency money laundering headaches in Taiwan; and more.
And, for other editions, take a look at Asia’s tech news, daily, delivered via LinkedIn, Facebook and Twitter/X, and our Indo-Pacific tech newsletters for a weekly email on Asia’s tech scene.
Also available is our November collection of technology-specific news items, covering semiconductors, critical minerals, space launch & satellite technologies.
MERICS: Chinese state-affiliated hacking for strategic goals
- Taiwan: Police have broken a money laundering operation involving $324M Tether cryptocurrency
- Taiwan: Food Industry R&D Institute establishes Plant Milk R&D Center to develop plant-based products and protein-rich milk alternatives
- Canada’s Telesat sets sights on Taiwan and South Korea with Lightspeed Constellation low Earth orbit satellite project
“Telesat’s Chief Commercial Officer, revealed that the team had already conducted several business meetings during their stay in Taiwan. A couple of corporate meetings and discussions with various government agencies, including the Taiwan Space Agency (TASA), National Science and Technology Council (NSTC), Ministry of Digital Affairs (MODA), and Telecom Technology Center (TTC), took place to inform stakeholders about the Telesat Lightspeed project.”
- ICYMI: US state of North Carolina opens new trade and investment office in Taiwan, adding to offices in Japan, Singapore and other locations
- Taiwan: An intro to the 8 tech startup teams selected to present at Web Summit 2023 in Portugal later this month
- Taiwan: Surglasses raised $6.5M Pre-A with augmented reality medical tech focusing on complex spinal surgeries, allows real-time 3D overlay on patients during procedures
MERICS: Fragmenting Cyberspace – The future of the internet in China
- Digital yuan enters Taiwan with locally-based firm issuing ‘ultra-short-term financing bonds’, launched by Xiamen Xiangyu Group and underwritten by China’s state-owned Industrial Bank
- ICYMI: The Academy of Women Entrepreneurs Indo-Pacific Women in Tech Summit recently took place in Taiwan
- An overview of the Taiwan Pavilion at Singapore FinTech Festival 2023, focusing on Taiwan’s fintech startups and innovations in finance
- Taiwan’s Chunghwa Telecom inks deal with Eutelsat OneWeb for low Earth orbit satellite services as backup for terrestrial fixed and mobile networks, undersea cables and microwave comms
- Taiwan: An intro to the 5 winning tech innovations selected by the 2023 Ideathon Awards
McKinsey: The economic potential of artificial intelligence
- Available now: “Relying on old enemies – The challenge of Taiwan’s economic ties to China”, a report from the Atlantic Council
- Taiwan’s Foxconn steps into space exploration as part of diversification moves with launch of 2 prototype low-Earth orbit satellites via SpaceX rocket, partnering Taiwan’s National Central Uni
“Foxconn’s foray into satellite technology aims to cater to the growing demand for communications from space, primarily targeting corporate and government clients. While SpaceX’s Starlink constellation has deployed over 5,000 LEO satellites, Foxconn is positioning itself to contribute to the sector’s growth.”
“The satellites’ launch underscores Foxconn’s broader strategy of diversification, initiated by Chairman Young Liu since taking over from founder Terry Gou in 2019.”
“The company has been exploring opportunities in electric vehicles, digital health, robotics, artificial intelligence, semiconductors, and now, communications satellites.”
- Taiwan: Ministry of Health & Welfare inks MOU with US Healthcare Info & Mgmt Systems Society around system modernization and cybersecurity
- Taiwan: An overview of Taiwan’s moves into satellite-driven communications security
- Taiwan’s CyberLink targeted by North Korean hackers, modifying legitimate installer file to include malicious code for delivery to CyberLink customers in ‘supply chain’ hack
McKinsey & Co: Battery 2030 – resilient, sustainable and circular
- Malaysia: Penjana Kapital, gov’t-owned fund of funds, partners Taiwan’s APAC Investment & Innovation Development Association
- Taiwan’s Powerchip Semiconductor Manufacturing Corp to build $5.3BN factory in Japan, backed by SBI Holdings and the Japanese gov’t, in latest bid to expand Japan’s chip manufacturing base
“The foundry, to be built in Miyagi prefecture, will begin with mature 40nm and 55nm semiconductors, focus on automotive chips and power controllers and will go online in 2027, the companies said.”
“Japan, home to Toyota Motor Corp. and Honda Motor Co., is a heavy user of such chips, produced by the likes of Tokyo-based Renesas Electronics Corp.”
- Japan: Taiwan’s TSMC is reportedly considering a 3rd plant in Japan that will make 3-nm chips, potentially building on backing from Micron, Samsung and Japan’s PSM
- Taiwan’s iPhone maker Foxconn to invest an additional $1.6BN in India, adding to 9 production campuses and over 30 factories in the country
StormWall: DDoS attacks in Asia Pacific in Q3 2023
Indo-Pacific Technology news
All-day tech news updates from across the broad – and increasingly strategically and technologically important – Indo-Pacific region, and across South and Southeast Asia:
- Indo-Pacific tech news, daily on Twitter
- Asia’s tech news, daily on Facebook
- Indo-Pacific technology, daily on LinkedIn
Note: Our mobile app is currently offline, due to the ongoing devolution of what was Twitter, now X. We aim to have the app back online with a much-improved interface and broader functionality in Q1 of 2024.
Securing the Software Supply Chain: Managing Open-Source Software
Indo-Pacific tech newsletters
Our weekly email newsletters go out on Substack and LinkedIn, providing readers with an at-a-glance grasp of the week’s technology news from the Indo-Pacific and Asia.
