Business leaders discuss branding at Taipei forum

Despite Asustek's struggle, the government and private sector still hope to nurture more companies and help them become Taiwan's new Asustek or Acer Inc. The "Branding Taiwan Venture Capital" project was launched to help the process last November.

The venture capital fund, which has NT$2 billion, recently shortlisted two companies to be the first recipients of the venture capital.

According to Taiwan External Trade Development Council (外貿協會) vice president Walter Yeh (葉明水), one company is in the information security industry and will receive NT$100 million in venture capital, and the other is a heat sink firm which will receive NT$50 million.