Taiwan presses ahead with nanotech initiative

June 24, 2002 — The Taiwanese government said it plans to help more than 800 companies probe the frontiers of nanotechnology through that government’s National Nanotechnology Initiative.

The six-year, $679 million effort is designed to create a nearly $9 billion industry by 2008, according to Taiwan’s National Science Council in a report by Asia Pulse. Wu Mau-kun, director of the Academia Sinica Institute of Physics, and Yang Jih-chang, vice president of the Industrial Technology Research Institute, serve as the initiative’s coordinators.

The effort includes the creation of a nanotech center, which aims to become of the world’s leading research institutes in the emerging field, the report said.

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