Taiwan to Promote Localization of 5G Devices with a Goal of 40% by 2024

Updated:2020/7/22 17:51

According to Taiwanese media, the Taiwan Provincial Government is promoting the localization of 5G infrastructure construction and has mapped out a 4-year plan for the "Promotion of 5G Development Scheme". It is expected that 40% of network equipment purchases of telecommunications industry will come from local manufacturers in Taiwan Province from 2023 to 2024.

The three major telecommunications operators in Taiwan are expected to invest NT$7-10 billion in 5G network construction each year, which can reach NT$25 billion a year. If 40% are purchased locally, it will generate the revenue of tens of billions of NT dollars.

In terms of 5G main devices, Taiwan no longer has any competitiveness and products. It is estimated that small 5G stations with lower thresholds will be the key breakthrough direction for Taiwan’s local device manufacturers.

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