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ITRI is a world-leading applied technology research institute with more than 6,000 outstanding researchers. Its mission is to drive industrial development, create economic value, and enhance society well-being through technology R&D. Founded in 1973, it pioneered in IC development and started to nurture emerging tech ventures and deliver its R&D results to industries. ITRI has set up and incubated over 280 companies, including listed companies such as TSMC, UMC, Taiwan Mask Corp., Epistar Corp., Mirle Automation Corp., and Taiwan Biomaterial Co.