Focus Taiwan
Date: 2018/05/04
By: Yeh Su-ping, Tien Yu-pin and Frances Huang

Taipei, May 4 (CNA) President Tsai Ing-wen (蔡英文) said Friday that Cisco System Inc.,

President Tsai Ing-wen (蔡英文)

a U.S.-based information technology and networking giant, will set up an innovation center in Taoyuan in the second half of this year, a move that echoes Taiwan’s efforts to transform itself into an “Asian Silicon Valley.”

Cisco’s investment plan shows that Taiwan’s Asian Silicon Valley development project is not an empty promise but a concrete plan to accommodate international IT firms, Tsai said during a visit to the Taoyuan office of the Cabinet’s Asia Silicon Valley Development Agency (ASVDA).

The visit to the ASVDA’s Taoyuan office was part of a trip by the president to show Taiwan’s efforts to develop the government’s “5+2 Industrial Innovation Program” aimed at boosting Taiwan’s competitiveness.    [FULL  STORY]