Home » Taiwan, in Parliament a bill against technology theft

Taiwan, in Parliament a bill against technology theft

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Taiwan goes on the attack and accuses Beijing, in particular, of waging an economic war against the island’s technology sector by stealing technology and enticing Taiwanese engineers with particularly favorable contracts. In Parliament, a bill supported by the Department of Security aims to strengthen legislation to prevent malpractices. Taiwan is now at the center of global competition for its semiconductor added value.

Taipei goes on the counterattack

Taiwan is home to a semiconductor industry, a world leader in microchips used in everything from fighter-bombers to cars, which worries the government, especially on the front of industrial espionage and the war of talents.

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Four Taiwanese lawmakers from the ruling Democratic Progressive Party have tabled a proposal to amend the trade secret law to broaden the scope of what can be considered a secret and tighten sanctions.

In a report to Parliament on the proposed amendments, Taiwan’s National Security Bureau pointed the finger at China for most of the cases of industrial espionage by foreign forces uncovered in recent years.

Hu Mu-yuan, deputy head of the Taiwan National Security Bureau, expressed broad support for the measure. “As long as it is useful for the security and interests of our country, we support it.” “The orchestrated theft of technology from other countries poses a serious threat to democracies,” he said. “The goal of infiltrating our technology is not just about economic interests, it also has a political intention to make Taiwan weaker and weaker.”

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