Taiwan Passes 10-Year Semiconductor Innovation Plan
Taiwan has passed a 10-year plan to boost innovation in the semiconductor industry, aiming to make the country a global hub of chip design and develop talent. It also hopes to encourage companies to use generative AI technology to create industrial solutions.
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00:00 Taiwan has approved a new plan to boost innovation in the semiconductor industry.
00:05 The 10-year scheme is aimed at making the country a global chip design hub and center
00:10 for developing semiconductor talent.
00:13 Another goal is to encourage companies to use generative AI technology to create industrial
00:18 solutions.
00:19 The plan includes an initial budget of around 370 million U.S. dollars for the first-year
00:25 loan, but officials say a total of 9.3 billion dollars will be spent over the next decade.
00:30 "In fact, 10 years is not a very long time.
00:35 Taiwan's best complete pipeline, from IC design to manufacturing to packaging testing,
00:41 I think we will work together in the "Innovation Taiwan" project to make this system the best
00:49 way to attract international startups and IC design companies."