Taiwan’s digital economy on track for NT$1 trillion milestone, but budget cuts cast shadow

Taiwan’s digital economy has reached an annual output of NT$800 billion (approx. US$24.36 billion) and is projected to surpass NT$1 trillion by 2026, driven by the rapid expansion of AI applications, according to Yen-nun Huang, Minister of the Ministry of Digital Affairs (MODA). However, at a press conference on February 10, Huang expressed concerns that recent budget cuts to government subsidies could hinder this growth.

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