A "u-Taiwan" project promoting a networked society is expected to boost the country's GDP to more than NT$16 trillion (US$492.76 billion) by 2010, the semi-official Institute for Information Industry (
According to the institute, the project has been built upon the framework established under the "e-Taiwan" and "m-Taiwan" projects.
In the new project, the government will increase investment in public infrastructure to advance development of new hardware such as second-generation handheld devices and telematics, which will sustain the growth of the country's information and communications industry, the institute said.
Similar projects are being implemented in Japan and South Korea. The Japanese government, for example, has predicted that its "u-Japan" project would help expand the Japanese market for network-related products to NT$26.3 trillion in 2010 and create a combined production value of NT$36.2 trillion for the household electrical appliance, ubiquitous network, manufacturing, transportation, financial and insurance industries, according to the institute.
By 2010, the "u-Japan" project is expected to create direct production value of NT$134.7 trillion and indirect production value of NT$183.3 trillion, the institute said.
Meanwhile, the South Korean government expects its "u-Korea" project to boost the production value of the country's information technology industry from NT$7.2 trillion in 2004 to NT$11.41 trillion by next year. It is also forecast to increase the workforce in the industry from 1.28 million in 2004 to 1.5 million next year, as well as to expand the export volume of information technology products from US$74.7 billion in 2004 to US$110 billion in the same time frame, the institute said.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the