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

Verdant Rock Receives A (low) Financial Strength Rating from Morningstar DBRS, Adding a Second International Investment-Grade Assessment

Verdant Rock now holds Financial Strength Ratings from both Fitch Ratings and Morningstar DBRS, providing counterparties with dual-agency confirmation and reinforcing the security architecture behi...

Global Degrees, Closer to Home: SIM's Guide for Parents Choosing UK, Australian and US Qualifications in Singapore

SINGAPORE - Media OutReach Newswire - 12 October 2026 - An international university education no longer has to begin with a move to the United Kingdom, Australia or the United States...

Frasers House, a Luxury Collection Hotel, Singapore, Cements its Position as a Luxury Accommodation Within the City’s Historic Cultural Hub

SINGAPORE – Media OutReach Newswire – 12 October 2026 – Frasers House, a Luxury Collection Hotel, Singapore, today highlights its elevated positioning as a refined city retreat, blending modern r...

Japanese Bag Brand pionunnal Makes Its Overseas Debut at Takashimaya Singapore

Lightweight Nubi bags crafted in Japan, a Singapore-inspired new design and a limited gift with purchase arrive on Orchard Road from 13 to 31 October 2026. SINGAPORE – Media OutReach Newswire – ...

De Beers Group Advances Building Forever Goals with Significant Progress on Livelihoods, Nature, Climate and Provenance

LONDON, UK – Media OutReach Newswire – 12 October 2026 – De Beers Group today published its 2025 Sustainability Report, highlighting significant progress across its Building Forever sustainab...

ATOMS, Led by Travis Kalanick, Secures $1.7B to Power the Future of Food Delivery with ProKitchens in Europe

The robotics and industrial automation group closes one of the largest funding rounds of 2026, which strengthens the infrastructure behind ProKitchens across France, Spain, Italy, Portugal, Poland...

APAC Medical Cost Growth Projected to Slow to 9.7% in 2027, Aon Report

Medical cost growth is projected to slow for a second consecutive year, but continue to significantly outpace general inflation Cardiovascular disease, ENT/lung disorder and cance...

Creative Secondary School Celebrates 20 Years of Educational Excellence with Open Day 2026: "World of Possibilities"

HONG KONG SAR - Media OutReach Newswire - 12 October 2026 - Marking two decades of inspiring minds and shaping leaders, Creative Secondary School (CSS) invites prospective students, parents, and c...

Kellogg-HKUST EMBA Ranked No. 1 in the World in the Financial Times Executive MBA Ranking 2026

Top ranking reflects exceptional career outcomes, a world-leading alumni network and a truly global executive learning experienceHONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Kel...

10AFEST to Spotlight Asian Art-Tech & Cultural Innovations in Hong Kong This October

Marking the Indra and Harry Banga Gallery’s 10th anniversary, the three-day conference will bring together around 120 participants from 23 cities across 13 countries and regions.HONG KONG SAR - Me...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

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...