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ADATA Signs MOU with Academy of Cultural Affairs to Establish New Fund for Cultural Content Investment

In order to lay out the group’s multi-core operation momentum and assist the country in building a stronger cultural content industry ecosystem, ADATA signed a “Memorandum of Cooperation (MOU)” with the Academy of Cultural Affairs today (12th), and both parties jointly established a new fund to invest in cultural content. Chen Libai, chairman of ADATA, is optimistic that with the abundant resources of the country and enterprises, a stronger and deeper Taiwanese cultural undercurrent will be driven in the future to shake the world.

ADATA teamed up with the Institute of Cultural Studies to sign an MOU.Picture/Adata

Since its establishment 23 years ago, ADATA Technology has not only been deeply involved in the field of memory, but also has gradually flourished in the development of the cultural content industry. In addition to investing in multiple film productions in the early stages, it also provided financial support for the development of the domestic film and television industry, giving rise to Taiwanese cultural content. In 2022, it established a joint venture with heavyweights in the cultural industry, Fu Sheng, to obtain the 20-year operating rights of Taoyuan’s new master plan; in 2023, it invested globally The leader in visual effects: Digital Domain, injecting AI technology into the development of cultural content.

In addition, the Vinyl Museum with the largest collection in Asia will officially debut in 2024. The museum will display 1.01 million classic vinyl records and 101 antique phonographs; the e-sports XPG IP: Mera developed by combining the advantages of hardware and Xtreme Saga have also reached the international stage. These national-level cultural content achievements have not only added growth momentum to the group’s multi-core development, but have also been highly recognized by the Academy of Cultural Affairs. ADATA has been invited to jointly enhance the cultural industry energy of the national team and inject more through cross-technology industry and cross-field cooperative development. Many new technologies and cultural innovation energy.

Chen Libai said that the newly established mutual fund will be an important promoter of strengthening the country’s cultural industry. The cultural content invested by the new fund includes related materials and information such as audio and video, symbols, images, text, colors and images, as well as technologies, products or services that integrate the application of the above content, and extends to cultural creation, publishing, distribution, performance, and brokerage and its peripheral manufacturing technical services.

ADATA will not only benefit from the incentive investment deductions provided by the state, but will also cooperate with the policy direction to accelerate the group’s development in e-sports IP, AI audio and video special animation products, e-sports peripheral products, arts and cultural business operation agency, IP brokerage and development and Invest in the research and development of new technologies and other businesses, lead the cross-border alliance between Taiwan’s technology and cultural content industries, and add height, width and depth to Taiwan’s cultural industry and create new innovations.

Cai Jiajun, chairman of the Institute of Cultural Studies, is deeply touched by ADATA Technology’s support and contribution to Taiwan’s cross-domain cultural content. Cai Jiajun pointed out that Taiwan’s cultural content industry ranges from ACG (animation, comics, games) to cultural technology (AI, post-war). special effects, virtual studio, etc.), with the assistance of the ADATA Cultural Technology Fund, supplemented by the Cultural Black Wave Project of the Ministry of Culture, the Comic Black Wave Project, the Cultural and Creative Law Investment Credit Deduction, and the National Development Fund of the Academy of Cultural Affairs A multi-pronged investment approach will ensure continuous success, and the combination of Taiwan’s culture and technology will have the opportunity to stand out in the world.

2023-12-12 08:35:23
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