Technology

Taiwan draws up plan to woo US$1.3 billion of annual tech research in semiconductors, 5G and AI




Taiwan is dangling incentives to attract more than NT$40 billion (US$1.3 billion) of annual investments in research and technology, creating a seven-year blueprint to safeguard the island’s lead in semiconductors and other cutting-edge fields.As part of the initiative, the cabinet plans to allocate more than NT$10 billion to entice foreign chip makers to set up R&D facilities locally, confirming an earlier Bloomberg News report. The government said Thursday it aims to subsidise as much as half…



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