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

NCB introduces Seamless Cross-Border QR Payments for international travellers in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 15 July 2026 - Open visa policies, a wealth of cultural and natural attractions, acclaimed cuisine, warm local hospitality, and increasingly convenient p...

SBI Global Asset Management and DigiFT Launch JX, Bringing a Japanese Asset Manager’s Equity Strategy On-Chain for the First Time

SINGAPORE - Media OutReach Newswire - 15 July 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets ("RWAs"), and SBI Global Asset Management Co., Ltd. ("SBI ...

Smilegate LORDNINE Launches Pre-Registration for New Growth-Accelerated Server 'Helena' in Celebration of 1st Anniversary… 32,000 USDt Reward Event Underway

Pre-registration for new server Helena opens July 14... Official launch on July 29 Sweeping new server growth-support systems, including 50% additional EXP via Mastery Buff ...

A SIM Guide to Comparing Graduate Salaries and Employability in Singapore

SINGAPORE - Media OutReach Newswire - 15 July 2026 - As students and parents in Singapore evaluate higher education pathways, employability, starting salary and return on investment are increasing...

Hong Kong SMEs Accelerate Transformation as AI and Northern Metropolis Unlock New Opportunities, Dah Sing Bank Survey

Capability and Resource Gaps Limit Growth Potential As Firms Explore the New EconomyHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Dah Sing Bank, Limited ("Dah Sing Bank") revealed in it...

Xsolla and Management and Science University (MSU) Sign Memorandum of Understanding (MOU) to Connect Future Game Developers With Global Commercial Opportunities

Collaboration Provides Students Access To Xsolla’s Publishing Suite And Launcher, Bridging Academic Learning With Commercial Game Development PracticesKUALA LUMPUR, MALAYSIA - Media OutReach Newsw...

Louis Vuitton Celebrates 130 Years of the Monogram

TAIPEI, TAIWAN - Media OutReach Newswire - 15 July 2026 - In 2026, Louis Vuitton commemorates the 130th anniversary of its most enduring emblem: the Monogram, born in 1896. To mark this extraordin...

Fitch Ratings assigns first-time credit rating to HDBank, recognises its strong financial profile

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 July 2026 - Fitch Ratings has assigned its first-ever credit ratings to Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB...

Cushman & Wakefield Study: AI to Drive Stronger Growth and Higher Real Estate Demand Across Asia Pacific

Scenario-based analysis shows AI will expand demand across office, industrial and retailHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Artificial intelligence (AI) is set to fuel economi...

Arup partners YJK to launch AI Designer in Hong Kong to advance AI-enabled structural engineering

Strategic partnership integrates design optimisation and artificial intelligence to improve engineering efficiency, project outcomes and decarbonisation HONG KONG SAR - Media OutReach Newswire - 1...

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...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...