Taiwanese memory chipmaker Nanya Technology plans to spend $10.69 billion on a DRAM facility in New Taipei, Taiwan.

The company trails Samsung, SK Hynix, and Micron in dynamic random access memory sales, but is benefiting from a rapidly growing overall market.

With 5G services kicking off in Taiwan in July 2020, cloud applications and IoT innovations are rapidly rolling out. NTPC-AWS Joint Innovation Center founded by New Taipei City Government, Amazon Web Services (AWS), and FCC Partners Inc held its third Demo Day: The Innovators 3 on July 15, with Chee Ching, general manager, FarEasTone (FET) Telecom, delivering a speech shedding light on 5G opportunities, and Unblock Analysis winning The Startup with Most Investment-Potential award for its innovative cloud system Know Your Transaction (KYT).

Unblock Analysis said its KYT checks details of every online transaction conducted all over the world using artificial intelligence (AI), providing comprehensive services encompassing everything from basic name verification to client risk identification. It traces blockchain and cryptocurrency transactions to counter against money laundering. Nicknamed "Sherlock Holmes of the digital world," Unblock Analysis will represent Taiwan to participate in the establishment of standards for anti-money laundering at the 2020 G20 Summit.

TAIPEI (Taiwan News) – The 2019 Pingxi Sky Lantern Festival will take place on Feb. 16 and Feb. 19, New Taipei City’s Tourism and Travel Department (TTD) said on Tuesday.

New Taipei City mayor Hou You-yi (侯友宜) said that the Pingxi Sky Lantern Festival has evolved into a powerful tourist magnet over the years, and last year alone 6.98 million tourists visited Pingxi.

This year’s sky lantern festival will take place at Pingxi Junior High School from 6 p.m. to 8:30 p.m. on Saturday, Feb. 16, and at the Shifen Sky Lantern Square from 5:30 p.m. to 8:30 p.m. on Tuesday, Feb. 19, when Taiwan celebrates the Lantern Festival.

New Taipei City, the largest municipality in northern Taiwan, has been selected by Intelligent Community Forum, an international organization, as one of the global top-7 smart cities for three consecutive years due to its achievement in promoting application of smart city solutions to its administration and services, deputy mayor Yeh Hueh-ching said during a recent interview by Digitimes.

The large population of nearly four million people of diverse background and the big gap in urban and rural developments have been motivating the government to enlist smart city solutions to tackle its problems and provide services, Yeh explained.

Taiwanese beauty technology startup Perfect Corp. has created a series of mobile applications that use augmented reality (AR) and artificial intelligence (AI) to help users test products such as makeup.

The firm headquartered in New Taipei City says the apps have been downloaded more than 550 million times around the world since their launch in March 2014. Perfect Corp. presented its flagship at the 2018 Consumer Electronics Show in Las Vegas.

Taiwanese electric scooter startup, Gogoro, is a young startup targeting the smog-choked streets of Southeast Asia in its quest to expand its business overseas. Backed by former U.S. Vice President Al Gore, Gogoro develops and sells electric scooters and battery swapping infrastructure. In September 2017, Gogoro secured a $300 million Series C round of investment from Singapore’s Temasek, Japan’s Sumitomo Corporation, and French utility Engie and Generation Investment Management, a company co-founded by Al Gore. To date, the company has raised $480 million to date. The total investment raised puts Gogoro’s valuation at around $800 million.

The New Taipei City Government and Amazon Web Services (AWS) today held a signing ceremony for a Memorandum of Understanding to establish a Joint Innovation Center. The initiative is designed to integrate industry and academic resources in nurturing entrepreneurship, and to enhance the startup ecosystem in New Taipei City (NTPC) via five major aspects: driving adoption of global cloud services; fostering venture capital investment; consolidating industry counseling resources; nurturing cloud skills and talent; and integrating local industry advantages.

TAIPEI, Taiwan — They’re as likely to be spotted in the Tour de France as they are on the street.

Founded 45 years ago in Taiwan, Giant Manufacturing has built bikes that have cycled terrain the world over. But before gaining its own name recognition, Giant got its start making orders for others, including Schwinn, one of the U.S.’s most well-known brands.

“At that time in Taiwan, nobody will ever think of making their own brand, if you are doing [exporting],” Bonnie Tu, who became Giant’s chairperson in January, told NBC News during a sit-down interview at Giant headquarters in Taichung, Taiwan. “I think most Taiwanese think you just make products for American or European companies.”

The Gogoro electric scooter looks like a toy come to life, but it’s just raised a very serious amount of money, ensuring that more people take seriously its borderline adorable 6.4 kilowatt motor.

The two-year-old, Taiwan-based startup announced this month it had received a massive $300 million Series C round of funding. Gogoro offers its scooter subscribers an app-based sharing platform to quickly and easily swap out dead batteries for fully charged ones at stations that dot a metro area. Imagine: no waiting to charge a battery. In addition to this distinguishing feature — one Tesla appears to be investigating — the company may soon be looking into more than just scooters, and looking to do so with artificial intelligence.