COMMON GROUND:The presidential rivals agreed that allowing Chinese investment in Taiwan’s semiconductor industry would damage national interests and competitiveness
Taipei Times
Date: Dec 16, 2015
By: Stacy Hsu / Staff reporter
The presidential candidates of the two major political parties yesterday joined the chorus of
From left to right, Economic Democracy Union convener Lai Chung-chiang, National Taiwan University (NTU) professor Flora Chang, National Cheng Kung University professor Chang Soon-jyh, National Chiao Tung University professor Lin Ying-dar and NTU professor Lin Tsung-nan attend a press conference in Taipei on Monday to call attention to the dangers of allowing Chinese investment in Taiwan’s integrated circuit design industry. Photo: Wu Po-hsuan, Taipei Times
protest from academics opposed to Siliconware Precision Industries Co Ltd’s (SPIL, 矽品精密) planned sale of stock to Tsinghua Unigroup Ltd (清華紫光), saying the Chinese investment could pose a serious threat to Taiwanese industries.
On the sidelines of a news conference in Taipei for the release of a Hakka-themed campaign video, Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) said given that Tsinghua Unigroup is a state-owned company, it could be subject to Chinese government influence.
“Letting such a company’s money enter Taiwan would allow it not only to gain control of the Taiwanese firms whose shares it purchases, but to obtain a significant position in the upstream and downstream sectors of the nation’s [semiconductor] industry,” Tsai said.
“It could pose a dire threat to Taiwan’s industries,” she said. [FULL STORY]
