The government plans to develop a diverse and holistic healthcare industry supply chain by promoting the integration of artificial intelligence (AI) and information and communication technology technology, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday at the opening of Healthcare+ Expo Taiwan in Taipei.
The output value of Taiwan’s medical and healthcare industry has topped NT$10 trillion (US$308.609 billion), Kuo said.
Building a healthy Taiwan is the vision put forward by President William Lai (賴清德) and the goal of the Cabinet. The government aims to increase life expectancy in the country from an average of 79 to 82 over the next eight years, Kuo said.
Photo: CNA
With the rapid development of AI, various countries have invested in the development of smart medical care, including drug development, disease diagnosis and analysis, as well as medical and healthcare management, Kuo said. AI will greatly improve medical technology and give full play to precision medicine, he added.
Meanwhile, Wong Chi-huey (翁啟惠), president of the Institute for Biotechnology and Medicine Industry, said at the opening ceremony that the government earlier this year launched the “Healthy Taiwan Sprout Project,” focused on strengthening medical care and promoting national health.
It also hopes that medical treatment can be combined with AI technology to allow biomedicine to move from disease treatment to precision medicine and health promotion.
Healthcare+ Expo will run through Sunday at Taipei Nangang Exhibition Center’s Hall 1, highlighting smart medicine, precision medicine and all-age health.
As part of the event, Harmony in Medical and Technology (HiMEDt) alliance held a seminar dubbed “Life Science of Autonomous AI.”
During the seminar, the alliance announced the addition of seven members, including Chi Mei Medical Center, Taipei Medical University Hospital and Cardinal Tien Hospital.
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
INDUSTRY LEADER: TSMC aims to continue outperforming the industry’s growth and makes 2025 another strong growth year, chairman and CEO C.C. Wei says Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp and Apple Inc, yesterday said it aims to grow revenue by about 25 percent this year, driven by robust demand for artificial intelligence (AI) chips. That means TSMC would continue to outpace the foundry industry’s 10 percent annual growth this year based on the chipmaker’s estimate. The chipmaker expects revenue from AI-related chips to double this year, extending a three-fold increase last year. The growth would quicken over the next five years at a compound annual growth rate of 45 percent, fueled by strong demand for the high-performance computing