[ASUS invests NT$540 million in Taiwanese cloud service provider]

Taiwanese computer brand ASUS announced on Thursday (March 24) it will invest NT$540 million (US$18.86 million) in Taiwan Web Service, a local cloud service provider.

The move will provide cloud computing services for a range of industries and harness high-efficiency computing power and big data to accelerate the development of the “Artificial Intelligence of Things” (AIoT) and the 5G ecosystem, per a CNA report.

ASUS invests NT$540 million in Taiwanese cloud service provider comes via ChinaTechNews.com.