By: Jocylin FC, Taiwan News, Staff Writer
In face of China’s uprising red supply chain, the Ministry of Economic Affairs
is assessing the possibility of Chinese investments in Taiwan’s IC design industry, the heart of Taiwan’s economy. The government officials stated that they do not have a timetable for the evaluation.
The Ministry of Economic Affairs (MOEA) pointed out that as China’s Tsinghua Holdings grows stronger, MediaTek Inc., one of the nation’s leading firms in the IC design industry, is trying to fight against the red supply chain and securing its market share in China by forming an alliance with Chinese investors.
MediaTek Inc. appealed to the Ministry of Economic Affairs to open doors to Chinese investors, but the Ministry is still pondering over the idea. In the past year, MediaTek chairman Tsai Ming-kai has been in touch with the leaders of the Ministry of Industry and Information Technology of the People’s Republic of China. [FULL STORY]