MOEA investigates IC suppliers
The Ministry of Economic Affairs (MOEA) has begun an investigation into four Taiwanese companies which were accused in a Bloomberg report of helping China's Huawei build semiconductor plants. The ministry says it wants to know whether they have been involved in illegal business activities.
Earlier this week, the Bloomberg report said the four Taiwanese companies that have engaged in "unusual" cooperation with US-sanctioned Huawei included a subsidiary of Topco Scientific and a unit of L&K Engineering. The report said the four companies were building "infrastructure for an under-the-radar network of chip plants" for Huawei.
The ministry said that as part of the probe, its International Trade Administration will look into whether the four companies have exported any sensitive high-tech technologies and military products that feature on a Strategic High-Tech Commodities list. Failing to abide by the list will be subject to a fine of up to NT$25 million based on the Act Governing Relations between the People of the Taiwan Area and the Mainland Area.