PRESS RELEASE
Taiwan has been the pivot of the global economy of Information and Communications Technology (ICT) since the 1980s, with huge partnerships among IT giants such as Apple, Google and Microsoft, to name a few. The country has become one of the world’s largest sources of semiconductors, personal computing, mobile devices, broadband appliances and display markets, which have provided for 16% of their GDP.
In the uprising of Artificial Intelligence (AI) and Internet of Things (IoT), Taiwan has widened its integrity beyond modern manufacturing chain, now as an inventive economy of intellectual property and innovators. This overall competitiveness includes first rate talent, prolific value chain, and resilient entrepreneurial capability, ready to drive new industries of the future worldwide.
Over 95% of Taiwanese companies are small and medium-sized enterprises (SMEs) which have adapted ICT applications and domain knowledge in sectors of manufacturing, services, education, healthcare, transportation, logistics, e-commerce, smart living, green energy, and public services. This new entrepreneurial culture is a best practice in driving the progress of Philippines’ SME-driven economy. Thus, on July 24 to 25, Taiwan Excellence, organized by Bureau of Foreign Trade (MOEA) and Taiwan External Trade Development Council (TAITRA), will be at the forefront of the Asia IoT Business Platform, Manila Mariott Hotel.
To share the smart IoT solutions applicable to small, medium and enterprise businesses, Taiwan Excellence will bring dependable partners with proven cutting edge competence in: networking, cloud data systems and communication solutions, by Accton Technology Corporation; data storage, industrial SSDs and other memory modules, by Apacer Technology Inc.; smart tools for education and lecture capture network for intuitive and sustainable learning, by AVer Information; industrial automation, energy management and smart cities, by ICP DAS; and computer-based applications for automation, computer telephony integration, networking appliances, and security systems, by IEI Integration Corporation.
Building sustainable partnerships with neighboring countries and varied businesses is an opportunity to develop a global center of tech entrepreneurship, as Taiwan’s commitment to be the hub of Asia and Silicon Valley. The country has made inroads with many defining market players such as Microsoft, which has elected to establish its IoT research center in Taiwan; Google which has launched the Intelligent Taiwan project that trains 50,000 businesses and students in digital marketing; and Facebook, which has supported Taiwan’s “Made by Taiwan” program of making industries more digitally competitive.
Taiwan’s main goal is to advocate innovation, improve employment rate and income distribution, and create more balanced regional development, leveraging on the immeasurable forward-looking behavior of many markets now. This circular economy of building business network ensures continual restoration and regeneration bringing utmost value to both businessmen’s objectives and consumers lifestyle needs.
Taiwan Excellence consistently upholds the immense value of new technologies and the new lifestyles and businesses it has created among varied stakeholders, as it also mounts the first 2019 Taiwan Excellence Esports Cup in Manila on October 4 to 6, 2019; and the Taiwan Expo in November, Davao City.
About Taiwan Excellence
| The symbol of Taiwan Excellence honors Taiwan’s most innovative products, which provide tremendous value to users worldwide. Products bearing this symbol have been selected for specific Taiwan Excellence Awards, based on their excellence in design, quality, marketing, Taiwanese R&D, and manufacturing. Initiated by the Ministry of Economic Affairs (MOEA), R.O.C. in 1992, the symbol of Taiwan Excellence is recognized by 102 countries. |
Organized by Bureau of Foreign Trade (BOFT), MOEA
| The Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs (MOEA), R.O.C. is responsible for implementing policies and regulations governing foreign trade and economic cooperation. Established in January 1969, BOFT’s role and position have been adapted regularly to meet the needs of the ever-changing international economic and trade environments. BOFT guides and works with the Taiwan External Trade Development Council (TAITRA) in numerous promotional trade projects and activities, both internationally and domestically. Having worked closely with TAITRA for several decades, BOFT continues to commission TAITRA for various critical government projects relating to business, trade, and investment, while promoting Taiwan internationally. |
Organized by Taiwan External Trade Development Council (TAITRA)
| The Taiwan External Trade Development Council (TAITRA) is Taiwan’s foremost non-profit, quasi-governmental trade promotion organization. Founded in 1970 to help promote foreign trade, TAITRA is jointly sponsored by the government, industry associations, and several commercial organizations and serves to assist Taiwanese businesses and manufacturers in strengthening their international competitiveness and dealing with foreign markets challenges. TAITRA boasts a well-coordinated trade promotion and information network of over 1,200 international marketing specialists stationed throughout its Taipei headquarters and 50 overseas offices worldwide. Together with its sister organizations, the Taiwan Trade Center (TTC) and the Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective campaigns, missions and events. |
