Chunghwa Telecom has invested NT$292.5 million for a 9 per cent stake in the Innovation Works Development Fund (IWDF) and NT$32.5 million for a 6.67 per cent stake in Innovation Works Limited (I-Works).

Chunghwa Telecom has invested NT$292.5 million for a 9 per cent stake in the Innovation Works Development Fund (IWDF) and NT$32.5 million for a 6.67 per cent stake in Innovation Works Limited (I-Works). IWDF engages in venture capital investment while IWorks provides innovation incubation services. Both were founded by former Google Greater China president Lee Kai-fu.