Business Daily Media

The Times


.

Multiple Innovative Application Cases are Shown at the Taiwan 5G Vertical Application Summit

TAIPEI, TAIWAN - Media OutReach - 27 May 2022 - According to the report released by ABI, this year, the overall output value of the global 5G mobile private network market is estimated to reach US$47.5 billion in 2030, of which the output value driven by vertical application services accounts for the highest proportion, which is estimated to be nearly US$20 billion.



Taiwan 5G Vertical Application Summit Industry Heavyweights
Taiwan 5G Vertical Application Summit Industry Heavyweights


To meet market demand, the MOEA and the Taiwan 5G Verticals Alliance joined hands at the "Taiwan 5G Vertical Application Summit" today, bringing together the heavyweight companies such as Compal Electronics, MiTAC Information Technology Corp., Foxconn Global Network Corporation, PEGATRON Corporation, LEO SYSTEMS, and Tatung System Technologies to showcase a number of innovative application projects in the fields of smart manufacturing, transportation, and exhibitions, allowing enterprises to import the latest solutions and greatly enhance their competitiveness.

PEGATRON develops a 5G O-RAN enterprise private network solution. Demonstration tests were carried out in its local factory, where more than 200 sets of terminal equipment were connected. The construction time can be shortened by 50%, and the production line utilization rate can be increased by 10% by using a 5G private network over traditional cables.

LEO SYSTEMS has developed the "5GAi Smart Inspection Common Platform", which can immediately activate pipeline corrosion risk alarms and use 5G AR remote guidance to allow first-line inspectors to carry out relevant emergency services. The efficiency of personnel inspection has been doubled, and the inspection time of the whole plant has been shortened from 3 months to 1.5 months.

In addition, Foxconn integrates the capabilities of Taiwan's top 10 network operators, adopts technology into exhibition services, and provides applications such as 5G virtual studio and instant portal, so that remote exhibitors can be present virtually and instantly interact with on-site visitors, making Kaohsiung Exhibition Center the first national-level smart exhibition venue with 5G private network in Taiwan.

Furthermore, in the event, there is also a showcasing of 5G smart poles and multi-functional applications by Compal; 5G real-time smart transportation monitoring platform by Tatung System Technologies; and 5G Train Protection Monitoring and Management Platform by MiTAC.

These companies are ready to cooperate with global industries. For more details, please visit: https://reurl.cc/OAGdn9.


#Taiwan5GVerticalsAlliance

News from Asia

Orbitel International Corp. Creative Director Ming-Ji Hsieh's One Suitcase Selected for the 2026 National Art Exhibition

TAICHUNG CITY, TAIWAN – Media OutReach Newswire – 11 August 2026 – In today's increasingly interconnected world, the boundaries between design, branding, and art continue to evolve. Organized by t...

VinSpace Announces Launch Contract with SpaceX, Marking a New Milestone for Vietnam's Space Industry

HANOI, VIETNAM - Media OutReach Newswire - 11 August 2026 - VinSpace Joint Stock Company ("VinSpace") announced the signing of a launch contract with U.S.-basedSpaceX. The agreement marks a signif...

Payment delays continue to strain UAE businesses as trade credit expands

DUBAI, UAE - Media OutReach Newswire - 11 August 2026 - Trade credit remains essential for driving growth and strengthening customer relationships in the UAE. However, the latest Atradius Pay...

Liangshan, China: 300,000 People Celebrate a Torch Carnival Night

XICHANG, CHINA – Media OutReach Newswire – 11 August 2026 – At 8 p.m. local time on August 8, along the eastern extension of Hangtian Avenue in Xichang City, Liangshan Yi Autonomous Prefecture, Ch...

DHL Express launches direct Shanghai-Bangkok flight to support growing trade flows across China and Indochina

New DHL daily flight service on Boeing 767 freighter strengthens connections between China, Indochina, the Middle East and EuropeSINGAPORE – Media OutReach Newswire – 11 August 2026 – DHL Express ...

Merck Expands Biosafety Testing Laboratory in Singapore to Strengthen Services Across Asia Pacific

Expansion adds first BioReliance® Cell Line Characterization and GMP Next-GenerationSequencingin Asia Pacific Enhanced testing capabilities to deliver speed, sensitivity, and sust...

UstarPay Announces App and Virtual Card First Launch, Supporting USDT Deposits and Real-World Spending

HONG KONG SAR - Media OutReach Newswire - 11 August 2026 - UstarPay, a PayFi infrastructure platform connecting crypto to real-world payments, announced that the UstarPay App and Virtual Card offi...

VinFast further expands authorized service outlet network in Indonesia, enhancing the aftersales experience

JAKARTA, INDONESIA - Media OutReach Newswire - 11 August 2026 - VinFast continues to strengthen its aftersales network in Indonesia by expanding its Authorized Service Outlet network through part...

Continues to Deepen "One Core and Two Wings" Strategy Focuses on Strengthening Core Competitiveness

Net Profit Increased by 30.1%HONG KONG SAR – Media OutReach Newswire – 11 August 2026 – The world's largest telecommunications infrastructure service provider China Tower Corporation Limited ("Ch...

Hansgrohe Group Celebrates 125 Years of Innovation

Chief Sales Officer Visits Hong Kong, Partners with VSC Building Products Company Limited to Mark a New ChapterChampioning Design Excellence, Innovation and Sustainable Water Technologies HONG KO...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...