Monday, 7 July, 2025
China Eyes $24 B Acquisition Plot to Steal Taiwan's Chip Secrets
A covert strategy by Chinese state-backed investors involves targeting Taiwan's semiconductor firms and talent with a proposed $24 billion acquisition plan designed to circumvent restrictions on chip exports and IP transfer. The move reportedly leverages foreign shell entities to facilitate tech takeovers and recruit key engineers. It forms part of a broader push by China to build a self-sufficient chip industry—fueling geopolitical and supply-chain concerns.
Read full story at Economic Times