By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Democratic Progressive Party presidential candidate Tsai Ing-wen
said Tuesday that due to widespread public doubt, there was no room to open up Taiwan’s semiconductor sector to investment from China.
Her comments followed the high-profile campaign by China’s Tsinghua Unigroup to buy stakes in Siliconware Precision Industries Co. (SPIL), the world’s largest chip packager and tester, and in chip designer MediaTek.
As the takeover battle heated up Monday with Taiwan’s Advanced Semiconductor Engineering Inc. announcing it wanted to take 100 percent in SPIL, hundreds of academics and professionals have signed a petition calling on the government to drop plans to open up the country’s chip sector to Chinese investment. [FULL STORY]