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Politics : Formerly About Applied Materials
AMAT 332.09-2.3%1:53 PM EST

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To: StanX Long who wrote (61635)3/7/2002 3:42:56 AM
From: StanX Long  Read Replies (1) of 70976
 
Taiwan ban on China chips becomes political football

sg.news.yahoo.com

TAIPEI, March 6 (Reuters) - While Taiwan cabinet ministers say they are moving toward lifting a ban forbidding local chipmakers from building plants in China, the issue is rapidly becoming a matter of domestic politics.

Pulling on one side is the ruling Democratic Progressive Party's closest parliamentary ally, the Taiwan Solidarity Union, which plans to march on Saturday protesting plans to let semiconductor firms go to China.

Exerting pressure on the other side are executives of Taiwan's fastest-growing export industry, and Nobel chemistry prize winner Lee Yuan-tseh -- one of Taiwan's most respected public figures and head of its leading academic institution, Academia Sinica.

"The goverment's policy is 'effective management and aggressive opening', and the first question should be how to manage effectively and it should not be a political issue," Lee told reporters on Wednesday.

"If Taiwan Semiconductor Manufacturing Co <2330.TW> and United Microelectronics Corp <2303.TW> go to China, it is truly a good thing," Lee said, referring to Taiwan's two largest microchip makers.
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