A total of 100 Taiwan-based start-ups are showcasing their products at this year’s Consumer Electronics Show (CES), which opened from January 11 through January 14 and is being held virtually for the first time amid the COVID-19 pandemic.
The Ministry of Science and Technology’s Taiwan Tech Arena has created a virtual reality (VR) pavilion at CES, the world’s leading electronics show, where the start-ups can show their innovative capabilities to potential buyers.
Taiwan Tech Arena is a platform aimed at cultivating tech start-ups by helping them raise funds.
At a news conference in Taipei, Minister of Science and Technology Wu Tsung-tsong (吳政忠) said that the ministry teamed up with other government agencies, local governments and academia to choose the 100 start-ups from 207 candidates.
As start-ups generally lack experience in promoting themselves in the global market, Taiwan Tech Arena and the VR Taiwan pavilion can help them promote their products and smart solutions at CES and on the world stage, the ministry said.
Hsu Tseng-ju (許增如), director of the Department of Academia-Industry Collaboration and Science Park Affairs, said Taiwanese start-ups have received a combined US$70.21 million of orders at CES over the past three years, and she expects them to continue to receive orders this year.
The VR pavilion would continue to operate for a year to create more business opportunities for the participating start-ups, she added.