Japanese media reported that Taiwan authorities on October 28 approved Google’s T$26 billion (1 yuan or about T$4.3) capital increase for local legal entities in Taiwan, which will be used to expand data centers and strengthen investment operations in the region. U.S. IT companies are on a trend of increasing investment and procurement in Taiwan.
Specifically, an investment firm owned by Alphabet, Google’s parent company, will inject capital into local legal entities in Taiwan, the Japan Economic News website reported on October 29th. Google expanded its processing power in stages in 2013 when it opened asia’s first data center in Changhua County in the Midwest. In September, it was announced that it had also acquired land for the data center in Tainan. In the future, it is expected to advance the expansion of existing facilities and the preparation of new data centers.
Google is expanding its presence in Taiwan, the report said. In January 2018, htc acquired a part of its smartphone business from Taiwan’s HTC. To boost the “Pixel” brand of smartphones, the development of features in Taiwan has been strengthened. In the same year, it was announced that it would open a research facility for artificial intelligence (AI) in Taiwan, and a new office in northern Taiwan was planned by the end of 2020.
In addition to Google, some U.S. companies are investing more in Taiwan. In 2018, Microsoft and IBM have built a new AI research center in Taiwan, the report said.
In the spring of 2019, Amazon Web Services, a cloud service provider owned by Amazon, will set up an Internet of Things (IoT) experimental facility in Taipei.