Taiwanese information technology companies that have links with the Silicon Valley should complete the Internet triangle by setting up research partnerships in "Sweden's wireless valley," according to Annika Rembe, public affairs director for the Invest in Sweden Agency.
Rembe was in Taipei yesterday to promote Sweden's National Day.
She noted that over the past 18 months, Sweden has become a major R&D center for mobile communications.
A number of companies have set up research centers or joint research ventures with companies in Sweden including, "basically all the large American companies such as Microsoft, Sun Microsystems, Intel, Motorola and IBM."
Intel's research center is dedicated to the study and development of mobile telecommunications and mobile Internet software and systems.
Rembe also noted the large number of Taiwanese companies that have links to Silicon Valley and suggested those companies set up more research projects or joint ventures with Swedish telecommunications companies.
"The [American] companies have obviously come to Sweden because they discovered Sweden is a leader in mobile communications," Rembe said. "I think that if Taiwanese companies with links to Silicon Valley could develop links with the Swedish `wireless valley,' that could be very interesting."
Since the revolution in wireless Internet use started in Scandinavia -- most notably Sweden and Finland -- the area has won the same kind of "first mover" advantage the US has in the Internet. They've developed the technology first, have a strong lead in research and development and move forward to new technologies faster.
"All of these areas are developing at a high speed, and Ericsson has been the base for many small, spin-off companies," Rembe said. "Some Ericsson staff have left and created their own small start-up companies ... and that has given rise to inventions that would not have been possible inside a huge company like Ericsson."
According to Rembe, this development could lead to new opportunities for Taiwanese companies.
One Taiwanese firm that has made significant investments in Sweden's mobile telecommunications sector has been Zippy Inc, a maker of components that go into mobile phone smart cards.
Zippy invested NT$100 million in the Swedish company Todos Data Smart, according to Swedish Trade Council representative Ulf Sormark.
He said the investment gave Zippy not only an inroad into the mobile Internet world, but also into the European market.
"Zippy makes components for Todos and Todos makes sales throughout Europe," Sormark said. "It has been a good venture for the both of them."
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to
WAIT-AND-SEE: Last month’s consumer price index came in at 2.8%, which boosts expectations that the Fed would proceed cautiously to lower inflation sustainably The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over US President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs. Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports, roiling financial markets and fanning fears that his plans could tip the world’s biggest economy into a recession. The Trump administration has also embarked on unprecedented cost-cutting efforts that target staff and spending, while the US president has promised tax reductions and deregulation down the road. However,
RSS