Taiwan: AIoT market likely surpassed NT$1.4tn

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(Taipei Times)

Taiwan’s artificial intelligence of things (AIoT) market might have exceeded NT$1.47 trillion (US$51.7 billion) last year and is set for fast growth this year and beyond, as 5G and other new technologies take off, National Development Council Minister Kung Ming-hsin (龔明鑫) said yesterday.

“AIoT businesses should have surpassed NT$1.47 trillion last year, growing rapidly after hitting NT$1 trillion in 2018,” Kung told an AIoT forum in Taipei to underscore the government’s support for the industry.

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