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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (59977)2/5/2002 12:40:44 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Investment ban irks Taiwan's chip makers

By Faith Hung
EBN
(02/04/02 18:24 p.m. EST)

siliconstrategies.com

Frustrated by the government's waffling over a promise to lift a ban on manufacturing investments in mainland China, Taiwan's semiconductor makers are speaking out.

The easing of restrictions, part of a campaign pledge by Taiwan's ruling Democratic Progressive Party, has already been extended to a number of industries, but so far does not include manufacturing investments for semiconductors or laptop computers. The Ministry of Economic Affairs has postponed talks on the issue twice since December, which has piqued the ire of Morris Chang, chairman of Taiwan Semiconductor Manufacturing Co. Ltd., and one of the island's most prominent business leaders.

In a public appearance last week, Chang warned that a ban on manufacturing in China “will ultimately undermine Taiwan's economic development. The government is interfering with business operations in the name of national security,” he said.