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Taiwan's Chunghwa Telecom banks on AI and Southeast Asia

Island's largest operator aims for breakout from mature home market

Chunghua Telecom’s Chairman David Cheng, left, said his company will invest in more startups in 2018, with Sheih Chi-Mau, head of the company's telecommunication lab at right. (Photo by Cheng Ting-Fang)

Taipei -- Taiwan's Chunghwa Telecom, the island's biggest telecom operator and internet provider, aims to expand new service business related to artificial intelligence to revenues of $100 million in less than three years, while it continues to boost its presence in Southeast Asia, Chairman David Cheng said.

The move is part of the operator's efforts to turn itself into a regional player and a digital service provider as it faces headwinds in a mature domestic market. The Taiwanese wireless carrier has some 10.5 million users on its mobile network and controls about a 70% market share of the island's internet services.

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