China pushed to ‘poach’ Taiwan’s semiconductor technology, talent by US-China trade war, economy minister says
- Taiwan is home to a thriving and world-leading chip industry, including Taiwan Semiconductor Manufacturing Company (TSMC), the world’s biggest contract chip maker
- Taiwan Economy Minister Wang Mei-hua said China’s trade war with the United States had created new risks from the ‘red supply chain’ – a reference to the colour of China’s ruling Communist Party
The China-US trade war is pushing Beijing to step up its efforts to steal technology and poach talent from Taiwan to boost its semiconductor industry’s self-sufficiency, the government of the tech-powerhouse island said on Wednesday.
Washington has taken aim at China’s tech industry during the bitter trade dispute, putting sanctions on firms including telecoms equipment giant Huawei Technologies, saying they are a threat to national security, angering Beijing.
Speaking at a parliamentary committee meeting on how to respond to the “red supply chain” – a reference to the colour of China’s ruling Communist Party – Taiwan Economy Minister Wang Mei-hua said the trade war had created new risks.
Affected by the US-China technology war, the development of mainland China’s semiconductor industry has been obstructed, but they are still committed to the industry’s development
“Affected by the US-China technology war, the development of mainland China’s semiconductor industry has been obstructed, but they are still committed to the industry’s development,” she said.
