ITRI is a world-leading applied technology research institute with more than 6,000 outstanding employees. Its mission is to drive industrial development, create economic value, and enhance social well-being through technology R&D. Founded in 1973, it pioneered in IC development and started to nurture new tech ventures and deliver its R&D results to industries. ITRI has set up and incubated companies such as TSMC, UMC, Taiwan Mask Corp., Epistar Corp., Mirle Automation Corp., and Taiwan Biomaterial Co. ITRI is dedicated to creating new value and identifying emerging demands for partners while facing global challenges and opportunities, such as urbanization, aging societies, new production and consumption patterns, climate change caused by global warming, and a post-COVID-19 era.