Taiwan raids 64 locations, investigates 17 Chinese companies over illegal poaching of high-tech talent

Regulation
โดย Money & Banking·TW·Read original
Summary · why it matters

Taiwan launched an operation raiding 64 locations and questioning 114 individuals in an investigation into 17 Chinese companies suspected of illegally recruiting chip engineers and advanced technology personnel. Between July 13 and August 4, more than 330 officers conducted searches nationwide after discovering that several Chinese companies may have set up offices in Taiwan without authorization and used methods to circumvent the law to poach semiconductor and high-tech talent. The companies identified include those listed on Chinese stock exchanges, such as ACM Research Shanghai, a semiconductor equipment maker; Goke Microelectronics, an integrated circuit design firm; Zhuhai CosMX Battery, a battery manufacturer; and Actions Technology, a chip design company. Taiwanese authorities stated that many Chinese companies disguised themselves as Taiwanese or foreign firms to conceal their identities and sent employees to illegally recruit personnel, which could undermine the country's competitive advantage. A similar operation was conducted earlier in March.

Impact on stocks 3

Others▼ · 3 stocks
Goke Microelectronics Co Ltd
300672
▼ NegativeRegulationrelevance

Goke Microelectronics is investigated by Taiwan for illegally recruiting semiconductor engineers, which could lead to penalties and reputational damage.

ACM Research Shanghai Inc
688082
▼ NegativeRegulationrelevance

Taiwan raids and investigates ACM Research Shanghai for illegally poaching chip talent, potentially harming its operations and reputation.

Zhuhai CosMX Battery Co Ltd
688772
▼ NegativeRegulationrelevance

Zhuhai CosMX Battery is among the Chinese companies raided by Taiwan for illegal recruitment of high-tech talent, facing legal and operational risks.

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