Vice Premier Tsai Ing-wen (
While continuing to improve their manufacturing technology and lower their costs, it is very important for the IT manufacturers to seek to raise the added value of their products through research and development and establish quality and prominent brand names.
Tsai made the remarks while addressing a forum on innovation strategies for the technological and operational models of the IT industry. The event was held by the Ministry of Economic Affairs in cooperation with the Chung Hua Institution for Economic Research.
Noting Taiwan's growing status in global IT development through the joint efforts of the government and private sector, Tsai said that the annual production value of the country's photonics industry topped NT$1 trillion (US$30.9 billion) for the first time last year, following a similar achievement by the semiconductor industry a year earlier.
Taiwan is also performing well in terms of technological innovation with the expansion of the production value of the IT industry, Tsai said.
For example, the nation ranked fourth and fifth this year in terms of technological and scientific infrastructure among a total of 61 economies surveyed by the Swiss-based International Institute for Management Development, Tsai said.
Last year, Taiwan obtained the fourth largest number of patents in the US for the seventh consecutive year and ranked second in the world in terms of the number of patents granted per million people, she said.