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Taiwan steps up capital involvement in Lithuania's high-tech sector | OSW Centre for Eastern Studies

On 18 January, three Lithuanian companies, Teltonika, SoliTek and Oxipit, announced that they had launched cooperation with Taiwan on joint projects and facilitating trade. According to a press release issued by the companies and the Lithuanian Ministry of Economy & Innovation, Teltonika, which specialises in the industry of networked devices, the so-called Internet of things (IoT), and the biotechnology start-up Oxipit will receive financial support from Taiwan’s foreign ministry (€10 million and €3.5 million respectively). ....

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