ITRI to set up 10 new innovation firms this year

Focus Taiwan
Date: 2015/04/18
By: Jackson Chang and Frances Huang

Taipei, April 18 (CNA) Taiwan’s government-sponsored Industrial Technology Research Institute (ITRI, 工業技術研究院) is planning to set up 10 new innovation companies by the end of this year.

Tsay Ching-yen (蔡清彥), chairman of the ITRI, said the institute will continue to focus on high-tech research and development and use the achievements of its research to build new innovation firms.

Starting from 2011, the ITRI has been pushing for R&D, paving the way for opening new companies backed by the institute’s technology know-how.

In the past four years, the ITRI has set up a total of 33 new innovation firms in a wide range of industries, such as optoelectronics, information/communications, production materials, biotechnology, machinery and renewable energy technology.     [FULL  STORY]