Wed, Dec 16, 2015 - Page 1 News List

Tsai, Chu oppose SPIL share sale plan

COMMON GROUND:The presidential rivals agreed that allowing Chinese investment in Taiwan’s semiconductor industry would damage national interests and competitiveness

By Stacy Hsu  /  Staff reporter

The proposal was largely drawn up by DPP lawmakers.

The resolution states that the ministry should not approve Tsinghua Unigroup’s planned acquisition of shares in Powertech Technology Inc (力成), SPIL and ChipMOS until it completes an impact evaluation and reports to the legislature.

Asked whether the resolution was tantamount to an agreement that the acquisition be halted at least until the new legislature is formed after the Jan. 16 presidential and legislative elections, Lee said yes.

Additional reporting by Alison Hsiao

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