Taiwan probes Chinese firms over semiconductor recruitment

Taiwanese authorities have conducted an extensive investigation into 17 Chinese companies suspected of illegally recruiting professionals specialized in semiconductors and advanced technology. The investigation included raids on 64 locations and interrogations of 114 individuals between July 13 and August 4. The companies involved include "ACM Research Shanghai," "Jock Microelectronics," "Juhai Cosmex Battery," and "Actions Technology," among others. They are accused of operating behind Taiwanese shell companies, establishing offices within the island without approval, and illegally attracting local experts. Taiwanese officials emphasize that maintaining talent within the semiconductor sector is a strategic priority, fearing that losing such expertise could erode Taiwan’s competitive edge in the advanced technology industry. This concern persists despite the rising global investments in artificial intelligence and chip technology, and even amid soaring stock prices of the Chinese companies involved in international markets.

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