Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Economic Affairs Wang Mei"


3 mentions found


HONG KONG (AP) — Taiwan authorities are investigating four Taiwan-based companies suspected of helping China’s Huawei Technologies to build semiconductor facilities. Political Cartoons View All 1202 ImagesThe companies could be fined up to 25 million Taiwan dollars ($777,665) for violating regulations. Cleanrooms and other high-tech equipment and services are crucial for the delicate process of making computer chips. But Wang reminded companies that if they used U.S. technology and equipment they would not be able to co-operate with firms included in the U.S. U.S. officials say the company is a security risk and might facilitate Chinese spying, an accusation that Huawei denies.
Persons: Economic Affairs Wang Mei, Wang, Yuan Organizations: Huawei Technologies, Economic Affairs, of Economic Affairs, Bloomberg, Huawei, Strategic, Tech Commodities, Taiwan's China News Agency, Topco, K Engineering, United Integrated Services Co, Chemical Technology, Chemical Technology Taiwan Co, Science, Technology Council, U.S . Commerce Locations: HONG KONG, Taiwan, China, Chemical Technology Taiwan, U.S
Taipei/Hong Kong CNN —Taiwan is investigating whether four of its firms broke US sanctions or its own investment rules when they provided services to Chinese companies that are reportedly helping Huawei build chip factories. Many Taiwanese companies, including chip giant TSMC and Apple supplier Foxconn, operate in China and are closely integrated into its supply chains. For years, Taiwan’s companies have been treading a fine line between engaging China’s commercial opportunities and avoiding potential violations of export controls, particularly as Beijing has ramped up military pressure on the island. But China’s ruling Communist Party claims Taiwan, home to 24 million residents, as its territory — despite never having controlled it. It has long vowed to “reunify” Taiwan with the Chinese mainland, by force if necessary.
Persons: Emile Chang, , Chang, Economic Affairs Wang Mei, Wang, China’s, Organizations: Hong Kong CNN, Huawei, Ministry of Economic Affairs, CNN, United Integrated Services, K Engineering, Technology, Apple, Foxconn, Taiwan’s, Economic Affairs, Bloomberg, Communist Party Locations: Taipei, Hong Kong, Taiwan, China, United States, China . Washington, Europe, Asia, Beijing
WASHINGTON (Reuters) -Taiwanese Minister for Economic Affairs Wang Mei-Hua said on a visit to the United States on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure. She said Taiwan is keen for more cooperation between Taiwan and the United States to ensure resilient supply chains. “If Taiwan is safe, the global supply chain will also be secure. Asked whether Taiwan was concerned that U.S. government subsidies to encourage reshoring of chip manufacturing could lessen U.S. reliance on Taiwan, she said the Taiwanese semiconductor supply chain was “very, very concrete” having been built up over more than 40 years. “We have a very huge supply chain in Taiwan, that is difficult to duplicate, or difficult to replace.” she said.
Total: 3