Reported about 1 year ago
An editorial on June 23, 2024, suggests adjusting tax exemptions and innovation subsidies to Taiwan's software and IC design industry for fairer policies, which will not only benefit the industry's software value-added sector but also bolster the national economy with a more diverse foundation. Despite Taiwan's impressive economic performance driven by the semiconductor industry, the overreliance on hardware development poses risks. However, the rise of AI presents new opportunities for software development, especially in fields like AI, PC, automotive electronics, and various industries where IC design and software value-added services are crucial. The editorial emphasizes the need to shift from focusing solely on hardware development towards also supporting software advancements for a more balanced and sustainable economic growth in Taiwan.
Source: YAHOO