Taiwan Seeking More Oversight Over Potential Tech Transfers to China
Taiwan’s government will soon require companies to seek approval before they sell their assets, plants or subsidiaries in China to Chinese counterparts or other local buyers, a move that could create more oversight over transfers of sensitive technologies, the Financial…
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Times reported Dec. 21. The new regulation, which is expected to take effect by early January, is designed to protect Taiwan’s semiconductor technologies, the report said. But some tech industry executives fear the restrictions could be too broad and “hinder overall future technology advancement.”