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Q2 2024: Taiwan

The Q2 quarterly collection of Taiwan’s technology news covering April, May and June of 2024, looking at developments in Taiwanese technologies, startups and VC funding.

In June 2024  |  In May 2024  |  In April 2024

Asia Blockchain Summit 2024

Asia Blockchain Summit 2024 / Taiwan, August 6-8

June 2024 tech news from Taiwan

  • Taiwan’s FinTechSpace and Bahrain FinTech Bay partner for collaboration on resources, business referrals and more / full item
  • Taiwan’s HAOSHi Accelerator launched 7th cohort with 10 selected startups working on food- and agri-tech solutions using satellites, irrigation, recycling and more / full item
  • Taiwan: Cisco, US network equipment maker to establish Taiwan cybersecurity centre as part of its Taiwan Digital Acceleration Plan 3 / full item
  • TSMC investigates rectangular panel substrates for semiconductors, rather than current round wafers, in bid to facilitate chiplet approach and create more useable surface area / full item
  • Digital Rights In Asia-Pacific 2024 Conference is set for August 18-19 in Taipei / full item
  • Taiwan Virtual Asset Service Provider Association launches, aiming to develop self-regulatory standards for the country’s digital assets industry / full item
  • Taiwan: Amazon to invest billions across 15 years in Taiwan data centers, adding a new AWS Asia Pacific (Taipei) Region for cloud computing services / full item
  • A quick overview of news from NVIDIA, AMD, Intel and Asus, outlined at Taiwan’s recent Computex 2024 event / full item
  • Taiwan: Tether crypto/digital assets firm makes $18.75M investment in XREX Group, looking at USDT cross-border business-to-business payments in emerging markets / full item
  • Taiwan: Taipei, New Taipei City, Tainan and Kaohsiung vie for new NVIDIA plant / full item
  • Taiwan: Foxconn unveils plans for advanced computing center in Kaohsiung, partnering NVIDIA for platforms and processing / full item
  • “Acer – with 7,725 employees and NT$241.31 billion in revenue last year – has joined other major Taiwanese tech developers by embracing… a shift over the past few years toward South and SE Asia…” / full item
  • Taiwan: Startup Terrace Kaohsiung rolls out 2024 Soft-Landing Program for global startups and tech firms / full item
  • Taiwan’s Foxconn partners NVIDIA global chip-making giant for electric vehicle AI software / full item
  • Malaysia: Taiwan’s Elite Material Co to commence construction of $190M facility in Penang, producing substrates for circuit boards and semiconductors / full item
  • China: Some AI chip firms are now reportedly designing less-powerful processors to maintain access to TSMC in bid to side-step US-led sanctions / full item
  • “…estimated that the Indian semiconductor market will exceed $55 billion by 2026. Moreover, the country’s domestic electronics production output is projected to surpass $300 billion by 2030.” / full item

“TSMC has achieved its heft while keeping most of its factories and employees in Taiwan… How it navigates global expansion will influence the fate of entire industries and economies.” / full item

Taiwan tech news: May 2024

  • AI+ Taipei Startup Pitch Contest 2024 applications are open until June 28th, aiming to connect Taipei’s innovators with international talents and entrepreneurs / read it here
  • Taiwan’s Ranictek showcases its 5G/6G base station chips, satellite communication chips, and medium-to-large O-RAN base stations at Viva Tech 2024 in Paris / read it here
  • Taiwan Semiconductor Manufacturing Co to commence production of 1.6-nanometer chips by 2026 / read it here
  • Taiwan: An overview of the nation’s moves to establish a satellite network of 700 hot spots for communications in emergency situations / read it here
  • Taiwan: An intro to TiSPACE, space-tech firm in rocket manufacturing and launch services, and component production for international clients / read it here
  • Taiwan: Uber to buy Taiwan unit of Delivery Hero’s Foodpanda business in $950M deal, aiming to expand Uber Eats in the wider Asia region / read it here
  • Taiwan’s TSMC to commence construction of its first Europe facility in Q4 2024, with production at Dresden in Germany expected in 2027 / read it here
  • Taiwan’s TSMC ‘does not necessarily need to use’ ASML High NA EUV machines for upcoming A16 generation of chip technology, baulking at price tag / read it here
  • IC Taiwan Grand Challenge opens for project submissions, seeking integrated circuit design innovations and chip-based applications / read it here
  • Taiwan Space Agency to launch 6 low Earth orbit satellites from 2026, the first via SpaceX, as part of government bid to boost resilience of the nation’s communications / read it here
  • Taiwan Space Agency to launch 6 low Earth orbit satellites from 2026, the first via SpaceX, as part of government bid to boost resilience of the nation’s communications / read it here
  • Taiwan: Researchers developed a method to potentially reduce a quantum computer’s size by 40%, incorporating TSMC 28nm tech for low-temperature operation / read it here
  • Taiwan: Ministry of Justice proposes amendments to anti-money laundering regulations focused on cryptocurrency firms, imposing heavy penalties for noncompliance / read it here
  • Taiwan’s Mobileheroes Global competition applications open, seeking startups worldwide focused on 5G, IoT and artificial intelligence solutions / read it here
  • Inside TSMC’s Arizona expansion troubles: “Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant’s Phoenix expansion. / read it here
  • Tesla is reportedly requesting suppliers to begin manufacturing outside of China and Taiwan as early as 2025, citing rising geopolitical risks to supply chains / read it here
  • Tokyo Metro Gov’t inks MOU with Startup Island TAIWAN and Thailand’s Nat’l Innovation Agency during SusHi Tech Tokyo 2024, aiming to boost startup ecosystem collaborations / read it here
  • India: NoPo Nanotechnologies boosts production of advanced material that can replace silicon in semiconductors and batteries, with samples supplied to chipmakers in Japan and Taiwan / read it here

“By the end of 2024, 700 hot spots will be established across the island to allow for satellite communications during emergency situations …” / read it here

SEMICON Taiwan 2024

SEMICON Taiwan Conference & Expo / September

Taiwan technology news: April 2024

  • “Taiwan is also interested in stepping into the Indian semiconductor industry because the Indian government has already announced it would cover 50% of the costs of setting up semiconductor fabs.” / read it here
  • Taiwan: A look back at the recent 11th Smart City Summit and Expo, touching on the use of solutions in AI, 5G, IoT and more to deliver smart infrastructure and services / read it here
  • Medical Taiwan International Medical, Health & Care Expo is set for June, this year with the themes of ‘Supply Chain Gallery, Smart Medical, and All-age Healthcare’ / read it here
  • Taiwan Semiconductor’s US unit to gain with $6.6BN subsidy for advanced production in Arizona, and up to $5BN in low-cost US gov’t loans, targeting 2nm process in 2028 / read it here
  • Taiwan: Ministry of Digital Affairs partners Chunghwa Telecom to use UK-HQ’s Eutelsat OneWeb for low-Earth orbit satellites in communications around disaster response / read it here
  • 2024 International SpaceTech Startup Supporting Program from Taiwan Accelerator Plus applications close May 10, seeking firms focused on Asia-Pacific markets / read it here
  • Taiwan: Foxconn institutes rotating chief executive and chairperson system, aiming to nurture successors and develop management talent / read it here
  • Taiwan Generative AI Applications Hackathon set for May 18-19 with components including AWS and Anthropic’s Claude 3 LLM, and corporations including Trend Micro and Hitachi / read it here
  • Taiwan: Google opens 2nd hardware R&D facility, deepening ties with Taiwan’s end-to-end technology supply chains / read it here
  • Japan’s Mizuho Bank and Taiwan’s Industrial Tech Research Institute ink major agreements on information exchange, startup matching and corporate connections / read it here
  • Taiwan to establish its first overseas integrated circuit design training base in the Czech Republic, looking at September to commence operations / read it here
  • The factors underpinning Taiwan chip-maker moves into Japan, creating production bases in a strategy that dovetails with Japan’s bid for a semicon industry revival / read it here
  • India’s Tata Group conglomerate heading to Taiwan in high-level tech talent hunt, looking initially at growthe in the consumer electronics semiconductor sector / read it here
  • India: Tata Group reportedly taking majority stake in Taiwan’s Pegatron’s India operations, looking at iPhone manufacturing and facilities construction, and building on Tata’s recent Wistron deal / read it here
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