Shi Yanxiang said that the Ministry of Economic Affairs of the People's Republic of China has selected APs and AMOLEDs to promote the localization of the industrial chain. "It is necessary to replace the APs that rely on imports in the past," meaning "import substitution" for key components. On the one hand, it can improve the strength of key local components, on the other hand, it can also consolidate orders, save exports and increase investment and employment in Taiwan.
According to the Ministry of Economic Affairs of the People's Republic of China, the "Advanced Application Processor (AP) Promotion Program" was submitted to the Executive Yuan. In the next three years, the Ministry of Economic Affairs, the National Science Council and the Ministry of Education will jointly prepare 1.94 billion yuan from the personnel training and R&D manufacturing side. Support the local AP industry chain.
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