With the growing popularity of high‑tech applications involving big data, cloud computing, mobile internet and geographic information, the smart fire-protection industry has been making tremendous progress in Mainland China. Numerous technology firms and manufacturers have devoted considerable financial resources to the research and development of related equipment and technology. The intense competition in the industry has, in turn, driven the further expansion of the market.
At the end of January, Taiwan’s Ministry of Economic Affairs convened a meeting of the territory’s big four wafer original equipment manufacturers – Taiwan Semiconductor Manufacturing Company, United Microelectronics Corporation, World Vanguard International Semiconductor Corporation and the Powerchip Technology Corporation.
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