DIGITIMES Research report shows that Taiwan’s ICT industry development has shifted from focusing on hardware to hardware/software integration models. The industry is combining big data analysis and AI applications in public IoT to facilitate the development of smart city management. Tools such as IoT, AI, cloud computing, and communications technologies are efficiently integrated with urban infrastructure to ultimately produce economic benefits and improve quality of life.

Unimicron Technology and Kinsus Interconnect Technology, two top ABF substrate manufacturers in Taiwan, were listed 28th and 30th in the Asia IC50 2022 ranking released by DIGITIMES Asia. The ABF substrate industry has seen its downturn and bounced back, thanks to the surging demand for remote working and home entertainment encouraged by the COVID-19 pandemic.

Amid rapidly growing EV sales in recent years, India has decided to further lower the value-added tax on EV batteries to encourage EV adoption, which may benefit swappable EVs.

India is steadily transitioning to EVs as more companies offer vehicles and charging infrastructure. But one issue that continues to remain a challenge is the lack of standardized charging protocol, according to EV Cosmos, a company that is rapidly expanding to offer EV chargers across the country.