Taiwan may force Foxconn to unwind an $800 mln deal with a Chinese chipmaker. This follows a crackdown on firms poaching engineers. Keeping tech expertise to itself could make a powerful defence against Beijing, says mak_robyn
Huang Ya-Qi, an engineer who took classes and conducts her research at the Taiwan Semiconductor Research Institute poses for a photo inside a cleanroom in Hsinchu, Taiwan, February 11, 2022. Picture taken February 11, 2022. REUTERS/Ann WangHONG KONG, Aug 17 - As the Chinese navy postures off its coast, Taiwan is beefing up its semiconductor defences.
, to unwind an $800 million deal with a Chinese chipmaker. At the same time Taipei is moving to protect its top engineers from mainland corporate poachers. The world's largest contract electronics maker raised eyebrows in July when it revealed it owned 20% of China's erstwhile chip champion Tsinghua Unigroup via a mainland subsidiary. Taiwan's investment commission, which reviews large deals into China, was irate, and authorities were considering fining it up to T$25 million, or just $836,000, for failing to secure necessary approvals, according to Reuters.The dramatic escalation of tensions with Beijing after U.S.
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