Taipei [Taiwan], July 11 (ANI): The Cabinet of Taiwan approved a project worth NTD 27 billion for a tenure of six years, with an aim to launch 6G wireless commercial services by 2030, which will help in strengthening Taiwan's role in the next-generation communications supply chain, as reported by Focus Taiwan.

The project was led by the National Science and Technology Council (NSTC) was presented during a weekly Cabinet meeting.

The project includes the development of 6G technologies, attracting satellite communication service providers, and creating an environment conducive to innovation in the field.

Premier Cho Jung-tai in the post-meeting statement emphasised the importance of capitalising on emerging 6G and satellite broadband technologies to secure Taiwan's position in the global next-generation communications industry, according to a post-meeting statement.

The country will also review and revise relevant laws and regulations to support a commercial 6G rollout by 2030, as part of the plan.

In addition, the project will support research and development of globally competitive chips, components and equipment, with input from other ministries, academia, and industry stakeholders.

Taiwan is making big moves to become more self-reliant in advanced technology. They're working on projects to achieve 80% self-sufficiency in 6G base station hardware and software development.

Additionally, Taiwan plans to build its own low-Earth-orbit (LEO) satellite communication system, primarily using domestically produced parts. By 2030, they aim to attract at least three satellite communication service providers to boost local LEO satellite applications and ensure they're technologically independent.

This initiative is part of President Lai Ching-te's 'Taiwan plus one' strategy, which promotes collaboration with democratic countries like the United States to create secure and reliable supply chains. (ANI)