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Business Standard
3 days ago
- Business
- Business Standard
Taiwan probes 16 Chinese technology companies for illegal operations
Investigators said the companies allegedly faked business registrations, pretending to be branches of overseas firms with foreign or Taiwanese investment ANI Asia Taiwan's Ministry of Justice Investigation Bureau has launched a probe into 16 Chinese technology companies for allegedly operating in the country without proper approval, Taipei Times reported. According to Taipei Times, officials said the firms are suspected of secretly setting up offices in Taiwan and hiring local staff without authorisation. Between July 15 and August 6, more than 300 investigators carried out searches at 70 locations in Taipei, New Taipei City, Taoyuan and Hsinchu. Around 120 people linked to the companies were questioned during the raids. The agency noted that Taiwan's high-tech sector is the backbone of its economy, making its talent pool a key target for Chinese businesses. Investigators said the companies allegedly faked business registrations, pretending to be branches of overseas firms with foreign or Taiwanese investment. The firms under investigation include Hefei-based Lontium Semiconductor Corp, Shanghai's Cista Limited, Novosense Microelectronics Co, Chipone Technology (Beijing) Co, and Huntkey Group, as per Taipei Times. According to the bureau, Cista is suspected of using a Hong Kong-based front company to disguise itself as a foreign business and open an office in Taiwan to recruit semiconductor engineers. Huntkey, one of China's largest IT firms, is accused of posing as a Hong Kong-based company to set up operations and hire PC power supply engineers locally. The bureau warned that such activities harm Taiwan's technological competitiveness and said it will continue strict action against Chinese firms operating illegally in the country, Taipei Times reported. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
3 days ago
- Business
- News18
Taiwan probes 16 Chinese tech firms for illegal operations
Taipei [Taiwan], August 8 (ANI): Taiwan's Ministry of Justice Investigation Bureau has launched a probe into 16 Chinese technology companies for allegedly operating in the country without proper approval, Taipei Times to Taipei Times, officials said the firms are suspected of secretly setting up offices in Taiwan and hiring local staff without authorisation. Between July 15 and August 6, more than 300 investigators carried out searches at 70 locations in Taipei, New Taipei City, Taoyuan and Hsinchu. Around 120 people linked to the companies were questioned during the agency noted that Taiwan's high-tech sector is the backbone of its economy, making its talent pool a key target for Chinese said the companies allegedly faked business registrations, pretending to be branches of overseas firms with foreign or Taiwanese investment. The firms under investigation include Hefei-based Lontium Semiconductor Corp, Shanghai's Cista Limited, Novosense Microelectronics Co, Chipone Technology (Beijing) Co, and Huntkey Group, as per Taipei Times. According to the bureau, Cista is suspected of using a Hong Kong-based front company to disguise itself as a foreign business and open an office in Taiwan to recruit semiconductor engineers. Huntkey, one of China's largest IT firms, is accused of posing as a Hong Kong-based company to set up operations and hire PC power supply engineers bureau warned that such activities harm Taiwan's technological competitiveness and said it will continue strict action against Chinese firms operating illegally in the country, Taipei Times reported. (ANI)
The Sun
4 days ago
- Business
- The Sun
Taiwan raids Chinese firms over chip industry secrets theft
TAIPEI: Taiwanese investigators have raided 16 Chinese-funded companies suspected of illegally poaching high-tech talent to steal secrets from the island's semiconductor industry. Taiwan dominates global chip manufacturing, producing over half of the world's chips and nearly all high-end semiconductors. China is aggressively developing advanced chips for AI systems while facing US export restrictions. Hundreds of officials searched 70 locations and questioned 120 people between July 15 and August 6, according to Taiwan's Ministry of Justice Investigation Bureau. No charges have been filed yet, but the probe is ongoing, said a bureau investigator surnamed Gu, who noted similar investigations occur around 25 to 30 times annually. The Hsinchu District Prosecutors Office stated that illegal mainland-funded firms had been stealing Taiwan's high-tech secrets through talent poaching. Targeted companies allegedly used 'diverse and highly harmful infiltration methods,' authorities revealed. Among the raided firms were Goertek, a key Apple supplier, and US-listed VNET Group. Taiwan has repeatedly accused China of espionage, while Beijing claims the island as its territory and threatens force to reclaim it. Earlier this year, Taiwan blacklisted Huawei and SMIC, restricting exports of advanced chip technology to China. Local firms must now seek government approval before shipping high-tech products to blacklisted entities like Huawei or SMIC. In March, Taiwan's Investigation Bureau confirmed probes into SMIC and other Chinese firms over suspected illegal talent recruitment. – AFP
