- ITRI plays a significant role in Taiwan’s technology and innovation ecosystem
- ITRI will invest in low-latency AI sensoring technology, and chip software technology
Taiwan’s Industrial Technology Research Institute (ITRI) has announced a plan to invest NT$25.5 billion in 2024, an increase of NT$2.48 billion, or 10.77%, compared to the budget of NT$23 billion in 2023. According to the budget submitted by ITRI to the Legislative Yuan, ITRI has divided its income into project research, technical service, and project-derived income.
ITRI has been getting government subsidies for a very long time, so it must be active on current technology policies. ITRI will invest in low-latency AI sensoring technology, and chip software technology, and incorporate the chiplet standard transmission interface to establish a low-latency AI chiplet solution. This will achieve 3D-integrated rapid prototyping and small-scale production of chip-level heterogeneous integration.
For technology research and development, the organisation encourages talent. It also promotes the growth of technology startups.
Pandemic and geopolitical scenarios have grabbed attention towards Taiwan’s semiconductor manufacturing capabilities. Other countries like- the United States and European Union introduced chip acts to support the semiconductor industry.
The ITRI plays a significant role in Taiwan’s technology and innovation ecosystem, and it often collaborates with the Ministry of Economic Affairs to develop strategies and plans to strengthen various industries.