Taiwan to advance AI products

by ANIS HAZIM / pic by TMR FILE

TAIWAN’S Bureau of Foreign Trade, Ministry of Economic Affairs (BoFT MoEA) has planned to develop global artificial intelligence (AI) industrial trends by utilising its prominent information technologies and semiconductor industries.

BoFT MoEA together with Taiwan External Trade Development Council (TAITRA) and Information Service Industry Association (CISA) has encouraged Taiwan’s information and technology companies to keep on research, development and innovation amid the Covid-19 pandemic.

“Covid-19 has sped up the digital transformation process and now more digital solutions are being widely used. By speeding up digital transformation, corporations can then grow and make profits,” CISA chairman Brian Chen said at Taiwan Excellence 2021 webinar.

He said that CISA was honoured to work with TAITRA to present the software industry in Taiwan.

“We are working closely with the international association and looking forward to exporting Taiwan’s excellent ICT solutions and working together with everyone to develop business opportunities,” Chen added.

Meanwhile, BoFT MoEA Deputy DG Guann-Jyh Lee said that the AI market is expected to grow in the next few years.

“The global AI market is estimated to grow at a compound annual growth rate of almost 21% between 2021 and 2025 with a value amounting to approximately US$76.44 billion (RM319.48 billion),” said Lee.

He said that MoEA has assisted businesses in undertaking digitalisation and promoting excellence in Taiwanese brands and products.

“The Taiwan Excellence Award honours Taiwan’s most innovative products every year. Products carrying this symbol have been selected based on their excellent performance in research and development, design, quality and also marketing,” he added.

Among the brands is Acer Medical Inc, AI3 Co, AVer Information Inc, FETC International, imedtac Co Ltd and WiAdvance Technology Co Ltd which have applied AI in healthcare, manufacturing and remote education sectors.

During the webinar, Acer Medical presented its VeriSee DR, an AI-assisted diagnostics software that helps in the early detection and treatment of diabetic retinopathy, while AI3 has introduced its QbiAI cloud that provides Omnichannel contact, AI enables chatbot, and customer relationship management to help enterprises in digital transformation.

AVer Information has showcased its AVer DL30, an AI auto-tracking camera to enhance the distance learning experience, and FETC International introduced its Ai Vehicle Recognition Solution that integrated with the AI AVC system to monitor vehicle access control.

On the other hand, imedtac presented its care recipient monitor solution which is able to monitor patient’s daily activities and alarm urgent attention.