Taipei, April 30, 2010 (CENS)--The Executive Yuan (the Cabinet) resolved yesterday (April 29) to set up "guiding panel for the development of the cloud-end computing industry" and invest NT$24 billion in the industry in five years, in the hope of boosting the accumulated output value the local cloud-end computing industry to NT$1 trillion by 2015.

The Executive Yuan expected that the government input will induce NT$112.7 billion investment, including NT$12.7 billion for R&D, by enterprises, which will create 50,000 job vacancies.

The aforementioned panel will be headed by Chang Chin-fu, minister without portfolio, and the Ministry of Economic Affairs (MOEA) will also establish an "office for pushing the development of the cloud-end computing industry."

At the Cabinet meeting yesterday, representatives of the Ministry of Economic Affairs (MOEA) pointed out that Taiwan enjoys the advantage of a solid information hardware industry in developing the cloud-end computing industry, which can generate high margin, thanks to the addition of high value-added systematic software.

The government will develop Taiwan into the largest exporter of integrated software/hardware equipment for cloud-end data center, capitalizing on its existing status as the world`s largest server exporter.

The government will put forth an all-round development strategy featuring a highly integrated 4C industrial chain, with key measures including the setup of cloud-end computing system and management data center, the development of cloud-end application software, continuation in pushing broadband construction, the development of cloud-end devices, promotion of testing and R&D of cloud-end systems, and provision of government assistance and incentives.


(by Philip Liu)