Want China Times
Date: 2015-07-16
By: CNA

A Taiwanese industry leader said Tuesday that Taiwan’s semiconductor industry will be

Hsu Sheng-hsiung speaks to the press, July 15. (Photo/CNA)

seriously affected if the Tsinghua Group in mainland China succeeds in merging with Micron Technology, an American company that is a world leader in memory and semiconductor technology.

Hsu Sheng-hsiung, chairman of the Chinese National Federation of Industries, said China has set aside 150 billion yuan (US$24 billion) to boost its semiconductor sector, and a Micron-Tsinghua merger is part of the strategy.

The American hi-tech firm is unlikely to merge with Tsinghua though, considering the US government’s strict regulations against the transfer of high technology to China, he said.     [FULL  STORY]