Yes, I believe that the next two years will be a subdued period for the industry. But I also believe that Taiwan is one of the few major industrial ecosystems in the world that can rely on the business integration to prepare for opportunities coming its way.

Qualcomm is a leader in 5G technologies that have been investing 20% of annual revenues since 2006. Many have been curious about the company’s secret sauce for innovation. As Qualcomm will soon announce the winners of the 2022 Qualcomm Innovate in Taiwan Challenge (QITC) in November, DIGITIMES Asia talked to Sudeepto Roy, VP of engineering at Qualcomm Technology Licensing (QTL), San Diego, who manages Qualcomm’s global startup programs, to discover how Qualcomm cultivate its ecosystem of innovation through startup incubation.

Successfully averting the crisis of automotive chip shortages, Hyundai Motor Group leapt to the world’s 3rd-largest automaker by sales volume in the first half of 2022, up from 5th in 2010 and 10th in 2000. The Korean auto giant is set to carry out multiple investment projects in new fields in the years ahead, looking to further strengthen its competitiveness and meet challenges and opportunities associated with the US Inflation Reduction Act (IRA).