Taiwan lets chip firms invest in China: report

Jan 25, 2010
Technicians work in a semi-conductor manufacturing plant cleanroom. Taiwan will allow its chip makers to invest in their counterparts in China in response to growing calls from the island's business community for closer high-tech ties, local media have said.

Taiwan will allow its chip makers to invest in their counterparts in China in response to growing calls from the island's business community for closer high-tech ties, local media said Monday.

The Taipei-based Commercial Times carried the report one day before Taiwan delegates were scheduled to meet with officials in Beijing for a first round of talks on a planned trade agreement.

The paper did not provide details on the size of stakes local chip makers will be allowed to acquire in Chinese companies, or when the new measure will take effect.

The economics ministry was not available for comment when contacted by AFP Monday.

Calls for easing controls on investment in the mainland have been mounting among Taiwan's high-tech businesses, who point out their competitors from South Korea and Japan have been stepping up activity there.

While easing part of the controls, the economics ministry wants to keep a ban on state-of-the-art 12-inch (300-millimetre) wafer plant investments in the mainland, saying there is no urgency in the near future.

Wafers, slices of material, get more sophisticated with size. Currently, Taiwan companies are allowed only to build eight-inch wafer plants in .

Co has established a plant in Shanghai, while ProMOS Technologies Inc is running another in the southwest Chinese city of Chongqing.

Explore further: X-ray detector on plastic delivers medical imaging performance

add to favorites email to friend print save as pdf

Related Stories

Taiwan invited to light up Chinese cities

Jun 11, 2009

(AP) -- Chinese officials have invited Taiwanese companies to supply selected mainland cities with ultra-bright, energy-saving LED lights, the latest in a series of big business deals between the rivals.

Taiwan's TMC to team up with Elpida of Japan

Apr 01, 2009

Taiwan Memory Company (TMC), a new government-backed firm set up to consolidate the island's memory-chip industry, said Wednesday it will form a partnership with Japan's Elpida Memory Inc.

Taiwan, China may develop electric cars together

Nov 16, 2009

Taiwan and China are looking into developing electric cars together and will hold a conference here next week to seek areas where they can cooperate, a Taipei official said Monday.

Recommended for you

Students take clot-buster for a spin

2 hours ago

(Phys.org) —In the hands of some Rice University senior engineering students, a fishing rod is more than what it seems. For them, it's a way to help destroy blood clots that threaten lives.

First steps towards "Experimental Literature 2.0"

2 hours ago

As part of a student's thesis, the Laboratory of Digital Humanities at EPFL has developed an application that aims at rearranging literary works by changing their chapter order. "The human simulation" a saga ...

TCS, Mitsubishi to create new Japan IT services firm

3 hours ago

India's biggest outsourcing firm Tata Consultancy Services (TCS) and Japan's Mitsubishi Corp said Monday they are teaming up to create a Japanese software services provider with annual revenues of $600 million.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

Buyck
not rated yet Jan 25, 2010
This is a major step forward for China again! We must look to Asia as a whole with close eyes the coming years. They are taking the lead now from others big companies like Intel and AMD and so on...In Taiwan Macronix, TSMC and UMC join forces to reach 15nm (see link). And China will come out with a supercomputer with 1 Petaflop performance by the and of this year based on the Chinese Godson-cpu. With other words Europe and VS are now no longer leaders in developing state-of-the-art technology.

http://www.nordic...432.html

More news stories

Students take clot-buster for a spin

(Phys.org) —In the hands of some Rice University senior engineering students, a fishing rod is more than what it seems. For them, it's a way to help destroy blood clots that threaten lives.

Finnish inventor rethinks design of the axe

(Phys.org) —Finnish inventor Heikki Kärnä is the man behind the Vipukirves Leveraxe, which is a precision tool for splitting firewood. He designed the tool to make the job easier and more efficient, with ...

First steps towards "Experimental Literature 2.0"

As part of a student's thesis, the Laboratory of Digital Humanities at EPFL has developed an application that aims at rearranging literary works by changing their chapter order. "The human simulation" a saga ...