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Taiwan probes 11 Chinese firms for illegal poaching of tech talent

Taiwan probes 11 Chinese firms for illegal poaching of tech talent

Yangzhou Yangjie Electronic Technology Co., Ltd. Class AMarch 31, 20264
Taiwan probes 11 Chinese firms for illegal poaching of tech talent

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By Wen-Yee Lee Taiwan said on Monday 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor and other high‑tech talent, stepping up efforts to curb technology outflows amid rising geopolitical tensions with Beijing.More than 185 agents searched 49 locations and questioned 90 people this month in a coordinated investigation targeting Chinese firms suspected of recruiting Taiwanese engineers in Taiwan without approval, Taiwan's Investigation Bureau said.It said Chinese companies under investigation disguised their ownership by setting up operations in Taiwan under the names of foreign-funded shell firms, or by establishing offices without authorisation, to recruit talent and conduct business illegally in Taiwan.Beijing claims democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan strongly objects to China's sovereignty claims and says only the island's people can decide their future.Taiwanese law prohibits Chinese investment in some parts of the semiconductor supply chain, including chip design, and requires reviews for other areas such as chip packaging, making it difficult for Chinese chip companies to operate on the island legally. SCRAMBLE FOR CHIP TALENTThe companies under investigation include electronics manufacturer Huaqin Technology SSE:603296, mobile power device maker Anker Innovations SZSE:300866, semiconductor and printed circuit board equipment producer Circuit Fabology Microelectronics Equipment SSE:688630, power semiconductor manufacturer Yangzhou Yangjie Electronic Technology Co Ltd SZSE:300373, and chip designer SG Micro SZSE:300661. Yangzhou Yangjie Electronic Technology said on Tuesday it has complied with laws and regulations of various regions, adding that Taiwanese authorities last week visited its local unit as part of the investigation. The company declined to disclose more details as the case remains under investigation and its business operations continue as normal. The other companies did not immediately respond to Reuters requests for comment. China's scramble for chip talent and expertise has intensified as Beijing pushes for self-reliance in advanced semiconductors, amid a deepening tech rivalry with the U.S.A special task force set up in late 2020 has handled more than 100 similar cases involving suspected illega...

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