Taiwan to investigate four tech firms for suspicion of helping Huawei, China in developing advanced chips

The government of Taiwan has initiated an investigation into four companies that were mentioned in a media report as being engaged in business transactions with companies in China associated with U.S.-sanctioned Huawei. This move comes as part of the government’s efforts to examine these companies’ activities in China and assess whether they align with the terms of their initial investment approvals granted by the Taiwanese government.

Taiwan’s Economy Minister, Wang Mei-hua, has stated that the investigation will scrutinize whether these companies’ operations in China are consistent with the conditions set forth during the approval process. The investigation is a response to concerns regarding potential violations or discrepancies in business activities related to Huawei, given the U.S. sanctions against the Chinese tech giant. Additionally, Taiwan is contemplating the implementation of stricter regulations pertaining to key technologies.

“If not, then the highest permitted fine is up to T$25 million ($775,300),” she said.

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