The IoT could start the first industrial revolution and Japan and Japan should work together on IoT technology for mutual benefit, according to Taiwan 's former president Lee . In a speech, Lee noted that Japan 's strengths in R&D combined with Taiwan 's manufacturing could see the two countries dominate the world market and boost Taiwan 's economic growth to between 3% and 4% annually . Taiwan has advanced Economics and Taiwan could contribute to the industrialisation of related services which could expand globally, Lee added.
The IoT could start the fourth industrial revolution and Japan and Taiwan should work together on IoT technology for mutual benefit, according to Taiwan's former president Lee Teng-hui. In a speech, Lee noted that Japan's strengths in R&D combined with Taiwan's manufacturing could see the two countries dominate the world market and boost Taiwan's economic growth to between 3% and 4% annually. Japan has advanced IoT technology and Taiwan could contribute to the industrialisation of related services which could expand globally, Lee added.