Taiwan: Michel Bosco, the European Commission`s Global Navigation Satellite Systems (GNSS) Coordinator for Applications, has arrived in Taiwan to take part in the 2010 Galileo Executive Forum.
He said that the Galileo satellite system can be compatible with the global positioning system (GPS) of the United States and GLONASS (Global Navigation Satellite System) of Russia. Bosco called upon Taiwan high-technology companies including MediaTek , SkyTraq Technology , Garmin and Quanta Computer to discuss possible cooperation opportunities.
The Ministry of Economic Affairs (MOEA) estimated that Taiwanese companies are expected to win USD 20 billion in business opportunities in the Galileo satellite system in the initial stage if all goes as planned. Over the last five years, Taiwan has been supplying satellite-navigation hardware across the globe. According to the MOEA. Bosco’s visit augurs well for the country’s GIS industry.