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Startups

Taiwan's most valuable AI chip startup eyes global expansion

Kneron aims to grow eightfold in 2021 as US blacklist hits Chinese rivals

AI chip company Kneron is one of Taiwan's only globally recognized chip startups. (Source photos courtesy of Kneron)

TAIPEI -- When Albert Liu convinced a friend to quit his high-paying job at Samsung Electronics in early 2015 and start a company together, the veteran Taiwanese chip developer did not realize that the plan would quickly go awry.

"An older friend had told me that there was already a promising business plan and financial sources lined up, and we just needed to execute that plan," Liu, the founding chairman and CEO of AI chip startup Kneron, told Nikkei Asia. "But those promises never materialized."

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