Sources: Taiwan's national security officials want Foxconn to unwind its $800M stake in Chinese chip company Tsinghua Unigroup, which was announced in July 2022
Foxconn is the world's largest contract electronics manufacturer and the biggest private employer in China. Deal had made it the second-largest shareholder in Tsinghua but put it at the centre of Beijing's tech competition with the west. By @KathrinHille https://www.ft.com/...
The semicon supply chain is reordering... Taiwan security officials want Foxconn to drop stake in Chinese chipmaker - https://giftarticle.ft.com/... via @FT
Taiwanese national security officials want to force Apple supplier Foxconn to unwind an $800mn investment in Chinese chip company Tsinghua Unigroup, as Taipei seeks to align itself more closely with the US in the face of escalating threats from Beijing. https://www.ft.com/...
Taiwan national security officials want Foxconn to drop stake in Chinese chipmaker Tsinghua Unigroup amid rising tensions with Beijing and worries that the deal will put the Apple supplier in the middle of a growing tech war between China and the US. https://www.ft.com/...