Taiwan startups recognized as global high-tech leaders

Four innovative startups from Taiwan were recently named international front-runners in artificial intelligence and augmented, virtual and extended reality technologies, according to the National Development Council Feb. 19.
In the latest AR/VR/XR Leaders report produced by U.S. market research firm Digi-Capital, iStaging Corp. from Taipei City and Pumpkin Studio from Kaohsiung City in southern Taiwan won recognition as leaders in the games category. Redpill Lab Ltd. from Taipei followed suit in the lifestyle category.
IStaging is an AR and VR content producer for industries like e-commerce, real estate and travel; Pumpkin is a VR content and game developer for construction, interior design and related industries; and Redpill is a VR games developer specializing in AI and motion capture technology.
Another homegrown outfit gaining global accolades is Taipei-based Osense Technology Co. Ltd. The provider of image resolutions utilizing AI and computer vision was listed as one of 100 companies expected to change the world by Japan’s Nikkei Business magazine in a Jan. 14 article entitled “Searching for Google in the Next 10 Years.”
According to the NDC, the achievements reflect the effectiveness of government efforts in promoting AI, AR and VR development via the XR Express Taiwan Project.
Implemented by the NDC in March 2018, the initiative is a central plank in the government’s policy of transforming Taiwan into the Silicon Valley of Asia. The project, which has benefited more than 100 firms, is strengthening the local XR ecosystem and promoting tie-ups between local startups and counterparts worldwide. (SFC-E)

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