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Convergence of 4Cs to boost digital content production value to NTD 370 billion in 2006

October 10, 2005

Not only do the information technology hardware and services industries depend in part on digital content to drive demand, the digital content sector is also getting a boost from the proliferation of IT products and services. The symbiotic relationship resulting from the convergence of the 4Cs, computers, communications technology, digital content and cable television and broadband, is expected to increase the production value of digital content in Taiwan to NTD 370 billion in 2006, according to the MOEA Industrial Development Bureau.

The IDB's classification of digital content includes digital gaming, computer animation, elearning, digital audio-visual applications, mobile applications and services, Internet services, digital content software and digital publishing.

Recent statistics reveal solid growth in Taiwan's digital content industry. The sector achieved a production value totaling NTD 153.7 billion in 2002 and NTD 220 billion in 2004.

Taiwan's position at a nexus of the Eastern and Western worlds, its diverse society and its creative environment make it an ideal place for the development of digital content, according to the IDB. The bureau is particularly focused on promoting Taiwan as a base for the creation of Chinese-language digital content.

To further build this industry, the IDB's industry development plans for this sector include the pursuit of greater investment and international cooperation and the drafting of appropriate regulations.

(United Daily News)

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