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August 2024: Taiwan

Taiwan’s tech news coverage in August touched on a range of developments and, importantly, collaborations.  These included Taiwan’s Digital Ministry committing to AI-related startup investments, TSMC’s first EU semiconductor manufacturing facility in Germany, a Taiwan-Japan optical-only communications network, and more.  Hit the links below to read each Taiwan tech news item in full, on each source website.

Plus: Asia’s tech news, weekly newsletters >

Global data center market 2024

Cushman & Wakefield: 2024 Global Data Center market Comparison

  • Taiwan: TAITRONICS / AIoT Taiwan 2024 Conference and Expo is in October, looking at all things hardware, electronics, digital tech and AI / full item
  • Taiwan: US semiconductors firm, Micron, commits to the high-bandwidth memory market with acquisition of a number of production facilities from Taiwan’s AUO display company / full item
  • Taiwan: Skoda Taiwan partners Noodoe to implement Noodoe EV Operating System in build-out of charging infrastructure across Taiwan / full item
  • Taiwan: Ministry of Digital Affairs announces plan to invest $313M in domestic AI startups over 10 years, looking to boost Taiwan’s capabilities in computational power, data, talent & funding / full item
Critical tech news, August 2024

Critical technologies, globally: August 2024

  • Fintech Taipei 2024 Conference is tentatively set for November 1-2 – details to come / full item
  • Taiwan: Here’s a deep-dive recap of the recent Asia Blockchain Summit which brought together over 13000 participants from 30 countries / full item
  • TSMC has broken ground on construction of its first European plant in Germany, an $11BN facility also backed by state subsidies of near half of total expenditure / full item
  • Video: 90 minutes of the recent SparkLabs Taiwan DemoDay startup presentations, showcasing solutions in social media, call centers tech, drones and more / full item
  • Taiwan-Japan firms launch CDIB Cross Border Innovation Fund, raising $62M towards $75M-$100M target for investments in tech and lifestyle sectors / full item

“In addition to making the chips that power the [AI] boom, the company appeals to many Taiwanese who believe that TSMC’s success will determine the… island’s ability to fend off China” / full item

  • Taiwan: Ministry of Digital Affairs secures $308M from Taiwan’s National Development Fund to invest in AI, partnering with Microsoft for industrialization / full item
  • ‘Taiwan-India Chips Cooperation and the Logic of Choosing India’ / full item
  • Taiwan’s Foxconn and Extreme Tech Challenge partner to co-host Semi & AI for Climate Startup Cup competition / full item
  • Taiwan’s TSMC preps for $10.8 billion plant construction in Germany, targeting production in 2027 and counting Infineon and NXP as both clients and investors / full item
  • India: Telangana, Andhra Pradesh and Karnataka compete to attract Taiwan’s Foxconn for ‘Foxconn City’ facilities, each offering thousands of acres for construction / full item
Indo-Pacific Space and Earth Conference

Indo-Pacific Space and Earth Conference – Australia in November

  • Japan’s NTT and Taiwan’s Chunghwa Telecom launch all-optical communications network between Tokyo and Taipei, achieving transmission across 3000km in 17 milliseconds / full item
  • Taiwan’s Foxconn preps to construct battery energy storage systems unit in India, potentially leading to a tie-in to Foxconn’s 3+3 focus on EVs, digital health and robotics / full item
  • India: “The unit in Karnataka will soon become the 2nd-largest Foxconn plant after China’s unit. It will create 40,000 direct jobs, especially for middle-level educated individuals…” / full item
  • StartUP@Taipei unveils the AI-focused tech startups selected to attend TechSauce Global Summit 2024 in Thailand / full item
  • Real Madrid Next Accelerator for Asia unveils 7 startups selected for collaboration / full item
AsiaPacific Data Centers

Cushman & Wakefield: Asia Pacific Data Center Market H1 2024

Asia Tech newsletters:
August 2024

  • August 28th: Digital banking in Thailand, quantum computing in India, crypto mining & electricity in Laos…
  • August 21st: Flying cars in China, Taiwan partners Microsoft for AI, Australia’s sustainable lithium extraction…
  • August 14th: Indonesia and EV batteries, HP backs away from China, Vietnam’s EV charging subsidies…
  • August 7th: Vietnam’s digital business goals, crypto trading in Hong Kong, Australia’s space launch opportunities…

Critical tech quarterly, Q2 2024

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