ITRI meaning in Business ?

The Industrial Technology Research Institute (ITRI; Chinese: 工業技術硏究院; pinyin: Gōngyè Jìshù Yánjiù Yuàn) is a technology research and development institution in Taiwan. Founded in 1973, ITRI has played a vital role in transforming Taiwan's industries from labor-intensive into innovation-driven. Its open lab and incubator have fostered emerging industries and startups including well-known names such as UMC and TSMC. In addition to its headquarters in Hsinchu City, Taiwan, ITRI has branch offices in the U.S., Europe, and Japan in an effort to extend its R&D scope and promote opportunities for international cooperation around the world. In 1982, the new Materials Research Laboratories (MRL) was established under Industrial Technology Research Institute and Otto C.C. Lin was appointed as its founding Director.

In response to the world’s rapid changes, ITRI has launched the 2030 Technology Strategy & Roadmap, in which it enhances the development of Intelligentization Enabling Technologies and focuses on Smart Living, Quality Health, and Sustainable Environment.