Connect with us

Technology

Taiwan’s Startup Hub in Silicon Valley Bridges U.S.-Taiwan Innovation Collaboration and Promotes Taiwan’s Startups to the World

Published

4 hours ago

on

PALO ALTO, Calif., Jan. 14, 2025 /PRNewswire/ — A news report from Business Next Media Corp.:

Today, Taiwan marked an important step forward in the global startup landscape by opening an overseas Startup Hub in Silicon Valley. The move demonstrates the Taiwanese government’s continued commitment to leading Taiwan’s innovation ecosystem to the world. Liu Chin-ching, Minister of the National Development Council of Taiwan, was invited to attend the opening event and witnessed the signing of a Memorandum of Understanding (MOU) between Dennis Liu, Managing Director of Startup Island TAIWAN Silicon Valley, and Sibyl Chen, General Manager of Berkeley SkyDeck Accelerator, which will deepen the linkage between Taiwan and the U.S.’s startup resources. The opening event was well attended by the innovation community, including U.S. companies such as Google, Qualcomm, Japan’s JETRO, and Taiwan’s TSMC and Delta, as well as local venture capitalists, university representatives, and teams of outstanding Taiwanese startups, demonstrating Taiwan’s innovative energy in planting its flag in Silicon Valley and its determination to connect with the global startup community.

Taiwan is recognized as a global leader in technology and innovation, especially in the semiconductor field, where it enjoys a global market share of over 60%. In fact, Taiwan’s strength and achievements in innovation are not limited to its renowned manufacturing capabilities. In recent years, Taiwan’s unique market environment and technological soil have fostered a vibrant ecosystem of new ventures, creating a cluster of entrepreneurs developing cutting-edge technologies in a wide range of fields.

In his speech, Minister Liu said that Taiwan’s technology and innovation capabilities are evident to the world. Significant contributions to important development trends such as AI and digital transformation are proceeding apace, and the energy of new venture development is also rapidly increasing, with nearly 10,000 new ventures currently in operation. In recent years, global startups have faced the challenge of a capital winter, and the amount of global startup fundraising in 2023 has declined by nearly 40% compared with the previous year. But Taiwan’s startup fundraising in 2023 has grown against the trend, reaching a record high of US$2.8 billion, with a growth rate of 9.8%.

According to Minister Liu, Taiwan has allocated US$4.56 billion (NT$150 billion) to accelerate the development of its startup ecosystem over the next four years, underscoring Taiwan’s commitment to promoting innovation, fostering entrepreneurial talent, and enhancing global competitiveness. The funds will be used to establish funding programs with universities to promote research, partner with top companies to enhance industry expertise, and more. These initiatives are aimed at establishing Taiwan as a base center for leading-edge technologies and international collaboration.

Minister Liu emphasized the importance of this collaboration, “The opening of the Silicon Valley Startup Hub marks an important step in Taiwan’s efforts to partner with U.S. industry to promote innovation. By promoting the connection between Taiwan’s thriving entrepreneurial community and Silicon Valley, we are building a two-way bridge between the creative ecosystems of the two places, promoting exchanges and collaborations, and moreover, ensuring that our new start-ups will be able to compete and thrive in the global arena.”

In recent years, Taiwan’s government has invested heavily in fostering a strong startup ecosystem through a series of targeted initiatives, including grants, loans and industry awards. These efforts have yielded significant results in the form of a thriving ecosystem of about 10,000 active start-ups in a wide range of sectors, including health technology, energy, sustainability, agriculture, hardware, media and entertainment, and sales and marketing. Strong government-supported programs, including the Asia Silicon Valley Development Plan 3.0, further strengthen this ecosystem by connecting startups to international resources, investors and markets. By creating an environment that encourages innovation and entrepreneurship, Taiwan has become a key player in the global startup ecosystem.

In addition, Taiwan brings unique strengths to Silicon Valley that go beyond world-class advanced manufacturing, a resilient and flexible supply chain, and continued investment in research and development of transformative technologies, including artificial intelligence, biotechnology, and green energy. These strengths are complemented by Silicon Valley’s unrivaled innovative capabilities, creating a close partnership of synergy and collaboration. By combining Taiwan’s industrial strengths with Silicon Valley’s venture capital and disruptive startup ecosystem, this collaboration is expected to drive technological breakthroughs, enhance global competitiveness, and lay the groundwork for sustainable growth in the future.

The establishment of the Startup Island TAIWAN Silicon Valley Hub marks an important step in connecting Taiwan’s thriving startup ecosystem with the global stage. Startup Island TAIWAN will be a two-way bridge between Taiwan and Silicon Valley’s entrepreneurial ecosystem and a hub of talent by providing local communities with co-working space, education and training, conferences, networking events, professional consulting, and entrepreneurial landing services. Through initiatives such as the Employment Gold Card program, Taiwan has strengthened its position as a center for talent, technology and entrepreneurship, and has collaborated to make a positive impact and pave the way for a more connected and innovative future.

View original content to download multimedia:https://www.prnewswire.com/news-releases/taiwans-startup-hub-in-silicon-valley-bridges-us-taiwan-innovation-collaboration-and-promotes-taiwans-startups-to-the-world-302351191.html

SOURCE Business Next Media Corp.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Central Phuket Celebrates 6 Years of Success, Expands Luxury Zone to Strengthen Phuket’s Global Luxury Status

Published

28 minutes ago

on

January 15, 2025

By

BANGKOK, Jan. 15, 2025 /CNW/ — Central Phuket shopping center marks the 6th anniversary of its Floresta Zone with a THB 1 billion investment to expand its luxury offerings, reinforcing Phuket’s position as a world-class luxury destination. The expansion aims to meet growing demand from high-spending customers and international tourists in this thriving coastal paradise.

Dr. Nattakit Tangpoonsinthana, Chief Marketing Officer for Central Pattana plc, states that Phuket stands alongside global luxury destinations such as Hawaii, Monaco, Santorini, and Miami. The province’s tourism revenue is projected to reach THB 500 billion in 2024, marking a 28% growth from 2023, with average tourist spending of THB 34,336 per visitor.

Central Phuket is expanding its Floresta Zone from 180,000 to 200,000 square meters, increasing its luxury brand portfolio from 16 to 25 brands. Current luxury offerings include Balenciaga, Bottega Veneta, Burberry, Bulgari, Dior, Gucci, Hermès, and Louis Vuitton. Notable developments include:

Louis Vuitton: Southern Thailand’s largest boutique extension.Prada: The largest boutique in Thailand (597 sqm).Tiffany & Co.: A flagship store.Bulgari: Pop-up store debuting outside Bangkok.Celine: Opening in December 2024.

Other highlights include the first Lululemon outside Bangkok and the newest ZARA Flagship Store, Southeast Asia’s largest at 1,800 sqm.

The mall currently welcomes 80,000 daily visitors, expected to increase to 100,000 post-expansion, with 70% being international visitors. Top visiting nationalities include Russians, Chinese, Americans, and Singaporeans. The 1 Members at Central Phuket spend five times more than at other malls.

Phuket’s luxury destination status is supported by:

Expanding international airport capacity to accommodate 18 million passengers, including Thailand’s first 5-star private jet terminal with capacity for 156 private jets annually.Over 15 luxury brands and world-class dining experiences, including Su Va Na, recognized as the world’s best underwater restaurant.Five superyacht marinas and 28 Michelin-starred restaurants.16 world-class golf courses.Nine world-class hospitals and 13 international schools.

For the anniversary celebration, Central Phuket launches LIVE. LUXE. LOVE. with exclusive promotions:

Top spender reward: THB 8 million spend for a VIP Northern Lights trip to FinlandThe 1 member privileges: E-vouchers worth up to THB 6,000 Up to 17% cashback with participating credit cards

Central Phuket continues to elevate the island’s status as a premier destination for global luxury lifestyle seekers.

To follow updates from Central Pattana, please visit:
https://www.centralpattana.co.th/th/shopping/shopping-update/lifestyle-activities 

View original content to download multimedia:https://www.prnewswire.com/news-releases/central-phuket-celebrates-6-years-of-success-expands-luxury-zone-to-strengthen-phukets-global-luxury-status-302351410.html

SOURCE CENTRAL PATTANA

Continue Reading

Technology

Lenovo Launches World’s First Camera-under-display Laptop with TCL CSOT’s 4K PureSight Pro OLED Display

Published

28 minutes ago

on

January 15, 2025

By

LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — Lenovo has unveiled a groundbreaking collaboration at CES 2025 with the launch of the Lenovo Yoga Slim 9i (14″ Intel) Laptop, featuring TCL CSOT’s 4K PureSight Pro OLED display. This innovative device features the world’s first Camera-Under-Display Screen in mid-sized display product, powered by TCL CSOT’s cutting-edge flexible OLED screen technology.

The new laptop showcases TCL CSOT’s advanced Camera-under-panel (CUP) technology, achieving an astonishing 98% screen-to-body ratio on its 14-inch display. This technological breakthrough not only delivers a truly immersive viewing experience by seamlessly integrating the camera beneath the screen surface but also empowers content creators with an unprecedented canvas for their work. The borderless design removes traditional constraints, offering content creators and designers a more expansive and inspiring workspace.

The Lenovo Yoga Slim 9i (14″, 10) Laptop’s display sets new standards in professional-grade visual performance. The 4K PureSight Pro OLED screen offers complete coverage of sRGB, P3, and Adobe RGB color gamut, with exceptional color accuracy (Delta E<1). Combined with a 120Hz refresh rate, it delivers stunning visual clarity and smooth motion that caters to both creative professionals and entertainment enthusiasts.

This launch represents TCL CSOT’s first successful implementation of FMM OLED technology in mid-sized displays, making it the world’s first mass-produced mid-sized panel to integrate 4K resolution, 120Hz refresh rate, and CUP technology. This achievement underscores the strong innovation of TCL CSOT in display technology development.

TCL CSOT’s APEX display technology brand continues to push boundaries in visual experience. APEX is built on the brand core of “PACE TO APEX”. It is set to deliver pleasant display experience, reliable vision health, sustainable green and low carbon, and unlimited future imagination for users worldwide. The Lenovo Yoga Slim 9i Laptop embodies these principles with its exceptional visual performance, eye-friendly display, and innovative design.

Looking ahead, TCL CSOT remains committed to driving innovation in display technology through strategic partnerships. By continuing to develop diverse display solutions and breakthrough products with partners like Lenovo, TCL CSOT aims to expand the possibilities of display technology while delivering superior visual experiences to consumers worldwide.

Visit TCL CSOT’s YouTube for more information: https://www.youtube.com/@TCLCSOT 

About TCL CSOT

TCL CSOT (TCL China Star Optoelectronics Technology Co., Ltd.), established in 2009, is committed to developing innovative technologies in the display industry. With a “3+2+N” – “3” representing TV commercial display, IT, and MC; “2” representing automotive and professional displays; and “N” signifying the exploration of more application scenarios – TCL CSOT continuously empowers customers’ needs with full-scenario product services. With manufacturing and R&D bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, TCL CSOT has established 11 production lines. TCL CSOT’s business encompasses producing display panels from 1 to 115 inches. From LCD to OLED to MLED, TCL CSOT offers solutions across a wide array of applications, including TVs, mobile phones, tablets, laptops, monitors, automotive displays, XR (Extended Reality) devices, wearables, commercial displays, and other fields. The company leads the market in several of these areas and is dedicated to ongoing technological innovation, providing advanced products for customers and building a vibrant display industry ecosystem.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lenovo-launches-worlds-first-camera-under-display-laptop-with-tcl-csots-4k-puresight-pro-oled-display-302351435.html

SOURCE TCL China Star Optoelectronics Technology

Continue Reading

Technology

Philips Easykey Shines at CES 2025, Leading the New Era of Smart Home Security

Published

28 minutes ago

on

January 15, 2025

By

Introducing Revolutionary Smart Lock Technology Globally, Crafting a Smarter, Safer Future for Your Home

LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — At CES 2025, Philips and Conex Intelligent Technology, the exclusive partnership in smart home industry since 2017, together introduce a series of smart locks, setting new standards for global home security and convenience. These innovations affirm Philips’ commitment to safer, smarter homes worldwide.

Philips Smart Locks: Global Reach, Local Fit

DDL902-MVP: Combines palm vein and facial recognition with 360-degree monitoring via three high-resolution cameras.

DDL505: Designed for extreme temperatures with IP66 waterproof and dustproof capabilities.

DDL611: Built for humid, rainy climates, ensuring durability with IP66 protection.

Philips Sync: Allows simultaneous unlocking of multiple doors for added convenience.

DDL801: A design and functionality masterpiece integrating Philips’ latest security tech.

Award and Enhancements:

Philips’ 5000 Series Palm Vein Recognition Smart Lock won the CES® 2025 Innovation Award as an ‘Honoree’, now upgraded with video capabilities.

About Shenzhen Conex Intelligent Technology Co., Ltd.:

As brand license partners of Koninklijke Philips N.V., Conex offers innovative smart home solutions in the smart lock and home security domains. Backed by exceptional customer service, Conex ensures seamless consumer experiences, delivering products that redefine home safety.

Experience Philips at CES:

Visit booth No. 52055 to explore these innovations and their integration into smart home systems.

Contact Us:

Aaron Ma – Public Relations Specialist (Global)Email: publicrelations@cone-x.com 

About Philips:

Philips, a leader in health technology, focuses on improving well-being through innovation. Based in the Netherlands, it excels in consumer products and healthcare solutions. News at www.philips.com/newscenter.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/philips-easykey-shines-at-ces-2025-leading-the-new-era-of-smart-home-security-302351441.html

SOURCE Conex Intelligent Technology

Continue Reading

Trending