AIoT market likely surpassed NT$1.4tn ‘GROWING RAPIDLY’: The government would earmark about NT$95 billion to build digital households and NT$49 to improve 5G infrastructure, Minister Kung Ming-hsin said By Crystal Hsu / Staff reporter Taiwan’s artificial intelligence of things (AIoT) market might have exceeded NT$1.47 trillion (US$51.7 billion) last year and is set for fast growth this year and beyond, as 5G and other new technologies take off, National Development Council Minister Kung Ming-hsin (龔明鑫) said yesterday. “AIoT businesses should have surpassed NT$1.47 trillion last year, growing rapidly after hitting NT$1 trillion in 2018,” Kung told an AIoT forum in Taipei to underscore the government’s support for the industry.