The National Science and Technology Council (NSTC) has earmarked NT$20 billion (US$631.51 million) from the budget for the "Taiwan Chip-based Industrial Innovation Program" to bolster...
According to the latest Interim Budget, India did not extend the concessional tax for manufacturing startups as the industry had previously expected, a decision not beneficial to...
The National Science and Technology Council (NSTC) has proposed the government's technology budget for 2025 at a record level of NT$180 billion (US$5.70 billion).
Due to the maturation of technological advancements and a decline in rocket launch costs, the proliferation of low-earth orbit (LEO) satellites is on a continuous upswing. Successful...
Volkswagen AG's software unit Cariad has agreed to cut 20% of its internal development costs annually until 2028 as it attempts to avoid forced layoffs in a major restructuring prescribed...
The first Taiwan International Assembly of Space Science, Technology, and Industry (TASTI 2023) recently opened in Taipei. Tsung-Tsong Wu, the Executive Minister of the National Science...
The South Korean government has unveiled a substantial 16.6% reduction or KRW5.2 trillion (US$3.89 billion) in research and development (R&D) spending in its budget proposal for...
The South Korean government plans to invest KRW2.2 trillion (US$1.66 billion) in the next five years to strengthen the competitiveness of cutting-edge industries such as semiconductors,...
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) has allocated a budget of KRW11.22 trillion (approximately US$84.9 billion) for the year 2024. Based on President...
According to the Worldwide Software and Public Cloud Services Spending Guide published by IDC, public cloud services spending in Europe will total US$142 billion in 2023 and will...
The Ministry of Science and ICT (MSIT) in South Korea has made a decision regarding the allocation of the research and development budget for 2024. This move, aimed at enhancing the...
