TAIPEI (Taiwan News) — Amazon Web Services Limited (AWS), an Amazon subsidiary, is set to open the first joint innovation center in Taiwan in cooperation with the New Taipei City Government, reported China Times.
The office will be formed through a Memorandum of Understanding (MOU) between AWS, the New Taipei City government, and the investment firm, FCC Partners (藍濤亞洲).
The MOU will be signed on Thursday, and further details on the functions and services of the innovation center will also be announced.
Special remarks are expected to be made by: AWS Corporate Vice President & Managing Director of AWS Greater China, Alex Yung (容永康), Chairman of FCC Partners, Huang Chi-yuan (黃齊元), Chairman of Fareast Group, Douglas Hsu (徐旭東), and the Mayor of New Taipei City, Eric Chu (朱立倫).
The Ministry of Economic Affairs considers investment in the innovation center as a strategic decision which will contribute to the government's Asia Silicon Valley Development Plan.
FCC Partner Chairman Huang said that AWS is a very important division of Amazon because it provides cloud computing platform subscriptions to individuals and businesses. The partnership, said Huang, is set to create a comprehensive ecosystem of startup innovation, which will help pioneer the shift from traditional industries into digital markets in Taiwan.
The new joint innovation center will offer training and technical assistance for participating businesses in many areas including; cloud computing, big data, the Internet of Things (IoT), and artificial intelligence.