Taiwanese Government approves WiMAX development plan

The Taiwanese Ministry of Economic Affairs has approved a WiMAX development plan that will see the government invest an estimated TWD6.6 billion (USD 215 million) in developing the country's WiMAX infrastructure over the next three years. Ambitious Ministry of Economic Affairs officials have declared that they hope the 'annual production value of WiMAX products in 2013 will reach TWD130 billion'. WiMAX network operators' service revenues reportedly reached TWD9 billion in 2009, with a figure of TWD15 billion forecast for 2010.