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Mediatek Ceo Urges Taiwan To Ease Cross-Strait Rules On Chip Investments

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, TaiwanBy Michael Gold TAIPEI (Reuters) - Taiwan government rules regarding its domestic semiconductor companies investing and merging overseas, particularly in mainland China, are too strict and should be reconsidered, a leading Taiwan chip company said Friday. Taiwan risks falling behind in the global race to develop the best chips if it does not invest more overseas to recruit talent and access large markets like China's, MediaTek Inc chief executive M.K. Tsai told reporters after the company's annual investor conference. Citing the examples of competitors Qualcomm Inc and Intel Corp, both of which have ploughed billions into China, Tsai said that Taiwan's rules prohibiting the export of advanced chip technology to the mainland risked its business prospects there.




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