Latest News

After selling down Tesla position, Cathie Wood buys the dip

0

Reuters

Taiwan raids Chinese firms in latest crackdown on chip engineer-poaching

Taiwan authorities raided ten Chinese companies suspected of illegally poaching chip engineers and other tech talent this week, the island’s Investigation Bureau said on Thursday, the latest crackdown on Chinese firms to protect its chip supremacy. Home to chipmaker giant TSMC and accounting for the majority of the world’s most advanced semiconductor manufacturing capacity, Taiwan has ramped up a campaign to counter illegal poaching by Chinese companies in what the island sees as a threat to its chip expertise. The bureau said it raided 10 Chinese companies or their R&D centers which operate in Taiwan without approval earlier this week.

Alibaba shares gain after earnings beat

Previous article

Alibaba stock rises as earnings top expectations despite COVID-19 impacts

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News