By Meryl Kao / Staff reporter

The Ministry of Economic Affairs yesterday said it expects to help more than 20,000 companies adopt artificial intelligence (AI) technology by 2028, up from its previous target of 14,000 set in October last year when an industrial competitiveness task force was launched. The ministry has helped 9,249 companies adopt AI since October last year, 93 percent of which are small or medium-sized enterprises, Industrial Development Administration Director-General Chiou Chyou-huey (邱求慧) told a news conference in Taipei. Service-sector firms accounted for 60 percent of the total, led by the wholesale, retail and food service segments, while manufacturers made up the remaining 40 percent, mainly in the metal products and machinery sectors, Chiou said.

Industrial Development Administration officials and industrial representatives attend a news conference at the Ministry of Economic Affairs in Taipei yesterday.

Photo courtesy of the Industrial Development Administration

Many small and medium-sized enterprises and traditional industries have struggled to adopt AI due to high costs and technical barriers, he said. The ministry’s program helps firms undergo the AI transformation through a three-stage process, Chiou said.