As Taiwanese players have proven strength in the IT hardware manufacturing field, they should come up with innovative services and content to ensure the nation secures a strong foothold in exporting cloud computing solutions to the world, industry analysts told the first meeting of the Taiwan Cloud Computing Consortium (TCCC) yesterday.
Taiwanese know-how in hardware manufacturing, which spans PCs and servers to handsets, offers the nation an edge when setting up cloud computing data centers, said Lee Chih-kung (李世光), executive vice president of the Industrial Technology Research Institute (ITRI, 工研院).
“This is our ‘sustaining innovation’ [that sets us apart from the competition], but cloud computing applications are what we have been lacking if we want to have ‘destructive innovation,’” he said.
Taiwanese companies and research institutions, including ITRI and the Institute for Information Industry (III, 資策會), have embarked on aggressive development of cloud computing content using open source software.
ITRI has started a project to devise an operating system to manage cloud computing data centers. If it is successful, it would save local firms from purchasing or licensing operating systems from overseas firms, such as IBM Corp or Microsoft Corp, as companies could turn to a “Made in Taiwan” operating system that is more affordable and caters to local needs, said Penny Chu (朱培秀), a project manager at ITRI.
III, meanwhile, is dedicating more attention to the development of cloud computing services and content, such as applications for use in the education sector, she added.
Teachers and students could use electronic readers to read textbooks or teaching material via the cloud, saving them the hassle of lugging books to schools — one of the many benefits of an education cloud, she said.
Inventec Co (英業達), the nation’s largest contract server maker, has injected more than NT$2 billion (US$61 million) into setting up a trial data center for TCCC members to test run their cloud computing hardware and software.
The data center can accommodate up to 576 servers and 1,200 hard drives.
“R&D [research and development] costs for servers are always substantially higher than those of handsets or PCs, but investment in the trial data center isn’t an issue for us,” Inventec chairman Richard Lee (李詩欽) said
What matters more is that when solutions are ready, Taiwan can export them to overseas markets such as China, said Lee, who doubles as TCCC’s deputy head.
TCCC was established in April and more than 50 IT and services companies have joined as they attempt to grab a share of the growing cloud computing market.
Cloud computing allows users to access or store data remotely, without storing the content locally on their own PC. The consortium aims to promote three aspects of cloud computing — infrastructure, platform and software — and it also plans to develop a platform to incorporate energy-saving technologies.
FIVE NEW FABS: An acquisition of Siltronic would boost GlobalWafers’ market share from 17 to 30 percent, easily surpassing Japanese rival Sumco’s 25 percent GlobalWafers Inc (環球晶圓) yesterday said it is in final talks to acquire Germany-based Siltronic AG in a 3.75 billion euro (US$4.5 billion) deal, which might help it compete with its closest rival Sumco Corp of Japan. The acquisition would be the fifth for GlobalWafers since 2008, as it has grown to become the world’s No. 3 supplier of silicon wafers through such deals. GlobalWafers, which has a 17 percent market share, would see its market position greatly elevated to 30 percent when combined with Siltronic’s 13 percent, according to a presentation Siltronic gave to its investors at a quarterly conference in August. Sumco
With the speed cryptocurrency is emerging as the millennial generation’s alternative asset of choice in India, it is hard to imagine that just two years ago a couple of blockchain pioneers were briefly in police custody. Sathvik Vishwanath and Harish BV, cofounders of a then five-year-old start-up, were arrested in late 2018. No, they had not pulled off a shady initial coin offering. Their “crime” was that they put up a kiosk in a mall in Bangalore where customers could swap bitcoin, ether or ripple for cash or vice versa. That was the whole point of unocoin, their crypto token exchange.
CONCERNS: The bank would act if it noticed currency speculation, the governor said, but he did not comment on a likely trajectory of the NT dollar against the greenback The central bank would intervene in the market whenever necessary to help stabilize the New Taiwan dollar, central bank Governor Yang Chin-long (楊金龍) said yesterday, adding that it is concerned Taiwan might be placed on the US watchlist for currency manipulation. The Control Yuan recently sent letter inquiring about the central bank’s market regulation efforts, Yang told a meeting of the legislature’s Finance Committee on the NT dollar’s appreciation and property price hikes. “It is the central bank’s top responsibility to stabilize foreign exchanges,” he said. The central bank has often stepped in toward the end of trading sessions to moderate the NT
Qualcomm Inc expects global shipments of 5G smartphones to more than double to between 450 million and 550 million units next year from this year, driven by increasing 5G network deployment worldwide and broader adoption of 5G technology beyond smartphones, a company executive told a virtual news conference yesterday. The San Diego-based company said that more than five times more telecoms have commercially launched 5G services in the first 18 months of the 5G era, compared with wireless technology transitions to previous generations. The momentum is to pick up speed in 2022, with the shipment volume of 5G-ready smartphones projected to reach