Trends
Taiwan accuses Chinese enterprises of poaching and filching
According to the press release, among the eight mainland companies involved are Luxshare Precision Industry and Zhejiang Dahua Technology.
Headline
According to the press release, among the eight mainland companies involved are Luxshare Precision Industry and Zhejiang Dahua Technology.
Context
Taiwan’s Investigation Bureau has launched an investigation into Chinese companies suspected of illegally poaching technical talent in recent months. Prior to this, the Taiwan Investigation Bureau had conducted surprise inspections of around 100 such Chinese companies, aiming to combat what it referred to as “illegal talent poaching and theft of secrets by the Chinese Communist Party.” As the investigation unfolds, the global semiconductor industry is urgently seeking to expand production, leading to a severe shortage of employees in Taiwan, China. In order to protect its crucial chip industry, Taiwan is tightening relevant laws, criminalising activities such as engaging in economic espionage abroad without approval or using key technologies and trade secrets.
Evidence
Pending intelligence enrichment.
Analysis
Meanwhile, given the ongoing tense geopolitical relations between China and the United States, mainland China has been intensifying efforts to establish a viable domestic semiconductor industry and reduce reliance on overseas suppliers. This goal has increased the demand for Taiwanese engineers and their key technologies, accelerating the technological advancement process in mainland China. Also read: Taiwan’s TSMC to receive US$11B to build Arizona factory Also read: U.S. pours $5 billion into Taiwan chip maker TSMC for Arizona plant According to the press release, among the eight mainland companies involved are Apple’s Chinese supplier, Luxshare Precision Industry and the U.S.-sanctioned video surveillance equipment manufacturer , Zhejiang Dahua Technology.
Key Points
- As the investigation unfolds, the global semiconductor industry is urgently seeking to expand production, leading to a severe shortage of employees in Taiwan, China. In order to protect its crucial chip industry, Taiwan is tightening relevant laws, criminalising activities such…
- According to the press release, among the eight mainland companies involved are Apple’s Chinese supplier, Luxshare Precision Industry and the U.S.-sanctioned video surveillance equipment manufacturer, Zhejiang Dahua Technology.
- The investigation bureau stated that Luxshare Precision stole the business secrets of its Taiwanese competitor, Catcher Technology, and poached its employees in order to win orders from Apple, and has filed lawsuits against 14 individuals.
Actions
Pending intelligence enrichment.
