Taipei, Oct. 25 (CNA) The Institute for Information Industry (III), an industrial research group under the Ministry of Economic Affairs, on Friday signed a memorandum of understanding (MOU) with Tokyo City University to expand cooperation in 5G, artificial intelligence (AI) and Internet of Things (IoT) development.
III President C.H. Cho (卓政宏) signed the agreement with Tokyo City University President Chitoshi Miki in Taiwan.
According to III, the institute and the Japanese university began their collaboration in 2014, focusing on urban and rural policy research.
Their cooperation has since expanded to other areas, including smart retail development, population policies, image recognition through AI, information security in 5G technology, smart medical care and financial technology.
Based on the existing cooperation, Cho said the two sides have now set their sights under the MOU on the next generation of information and communications technology (ICT) development, aiming to cultivate a larger ICT talent pool.
Tokyo City University currently belongs to Japanese conglomerate Tokyu Group, which has devoted itself to city development with interests in the transportation, retail and hospitality businesses.
According to III, Tokyu has annual sales of 2.6 trillion Japanese yen (US$23.85 billion) and owns 101 hotels and 244 department stores and supermarkets, and its transportation business carries 1.33 billion passengers a year.