TSMA Yearbook 2018

30 2018 Yearbook become nearly double, that is, 1.1 billion of people, 13% of the global population. The report from the UN clearly indicates that aging society is a global phenomenon. In the following twenty years, the 1.1 billion of the silver-haired elderly people will rewrite the global economy. Reviewing the above factors, in face of the big waves of the health-service industry, the entrepreneurs in the ICT technology, health food enterprises, and health-care industries have kicked off R&D and put investment in developing innovative products and services to get the initial market share. Consequently, we see all kinds of health and innovative applications coming up in the market. They aim at finding not only a better and wonderful life for mankind but also infinite imaginary space. This wave brings tremendous business opportunities. This phenomenon also create a new kind of enterprises based on IoT, Industry 4.0 and other advanced technology. The impact of technology impose more influences on the sporting industry than ever. Therefore, how to work with technology and other professional fields to build up new service model is a key point to maintain competiveness and to create business. In order to achieve this goal, the entrepreneurs must have the concept of Value Co-creation and further to make changes of the current industrial status-quo and lifestyle and develop them toward intelligence, that is, to apply sensor, intelligent devices and IoT in the industrial R&D. In the meantime, the IoT shall be expanded and applied into the personal life. Thus, the enhanced intelligent applications can kick off. From the advanced industrial management, Industry 4.0 introduced into Taiwan, personal intelligent devices, families and cities is re-positioned and developed under the waves of IoT. Nowadays, the industry needs to work with the cross-domain innovative integration no matter the wearable products, medical care or innovative business models and services, etc. The capacity of software and hardware shall be strengthened in order to upgrade the industry and develop new products or new-service models. This is the milestone which Taiwanese industries still