Taiwan Focusing on Robotics to Transform the Country’s Economy

Published by , August 15, 2016 2:26 am

(RoboticsBusiness Review)  Taiwan’s government has introduced plans to transform the country’s economy — with a big focus on robotics. Taiwan may not get as much notice for its robotics industry as Japan or China, but it is still working to be a leader in Asia.
A year ago, Taiwan’s government unveiled a plan called “Productivity 4.0” and earmarked over $1 billion (U.S.) to invest over nine years to transform sectors such as technology, machinery, and transportation. Through this plan, Taiwan wants to increase the “per capita productivity” of its manufacturing industries by 60 percent by 2024.

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