Taiwan News
Date: 2015-12-15 04:03 PM
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – The Ministry of Economic Affairs will have to present a report about

Legislative Yuan demands SPIL report. Taiwan News

sensitive moves in the chip sector such as the planned investment by China’s Tsinghua Unigroup in local chip tester and packager Siliconware Precision Industry Co. (SPIL), the Legislative Yuan ruled Tuesday.

The decision followed rising concern about the impact of a Chinese firm gaining influence over Taiwan’s world-class semiconductor sector.

During negotiations over the central government’s 2016 budget Tuesday morning, the ruling and opposition camps agreed that the MOEA should conduct a thorough review of the SPIL case and present an evaluation report to the Legislative Yuan before it could even move toward giving the Chinese investment a green light.     [FULL  STORY]