Not the first time, won’t be the last. Taiwan authorities have investigated over 100 such cases since late 2020, resulting in raids and indictments.
– SMIC established a subsidiary in Taiwan using a shell company registered in Samoa to illegally recruit local engineers.
– Hestia Power Inc. funneled capital into Taiwan by creating shell companies in third countries, receiving funding from the Chinese Ministry of Finance to acquire advanced silicon carbide technology.
– Naura Technology Group Co. used a front company to illegally recruit engineers from high-end semiconductor manufacturers.
– Goertek and Victory Giant Technology, suppliers to companies like Apple and Nvidia, were among 16 firms recently probed for using covert methods to operate without authorization in Taiwan.
There are a bunch more and if Americans think they are immune to this, they are not. The Chinese have shell companies in Silicon Valley and elsewhere doing the same shit.
GetOutOfTheWhey on
Since 2015.
So a Taiwanese branch was operating for 10 years paying taiwanese tax and now it is a problem?
Sounds like this has been an open secret for decades. I would imagine a lot of Taiwanese companies are doing the same thing in China
Tedthebar on
lol gets charged for hiring Taiwanese engineers without approval
267aa37673a9fa659490 on
Why they would go through all the trouble to set up a illegal operation? Is it just for the sake of stealing trade secrets?
Otherwise I can’t imagine Chinese engineers would be significantly worse than Taiwanese ones.
Slimfictiv on
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#OnePlus Crime Equals Time in Taiwan.
Not the first time, won’t be the last. Taiwan authorities have investigated over 100 such cases since late 2020, resulting in raids and indictments.
– SMIC established a subsidiary in Taiwan using a shell company registered in Samoa to illegally recruit local engineers.
– Hestia Power Inc. funneled capital into Taiwan by creating shell companies in third countries, receiving funding from the Chinese Ministry of Finance to acquire advanced silicon carbide technology.
– Naura Technology Group Co. used a front company to illegally recruit engineers from high-end semiconductor manufacturers.
– Goertek and Victory Giant Technology, suppliers to companies like Apple and Nvidia, were among 16 firms recently probed for using covert methods to operate without authorization in Taiwan.
There are a bunch more and if Americans think they are immune to this, they are not. The Chinese have shell companies in Silicon Valley and elsewhere doing the same shit.
Since 2015.
So a Taiwanese branch was operating for 10 years paying taiwanese tax and now it is a problem?
Sounds like this has been an open secret for decades. I would imagine a lot of Taiwanese companies are doing the same thing in China
lol gets charged for hiring Taiwanese engineers without approval
Why they would go through all the trouble to set up a illegal operation? Is it just for the sake of stealing trade secrets?
Otherwise I can’t imagine Chinese engineers would be significantly worse than Taiwanese ones.
From 1+ to 1-