Taiwan probes 16 Chinese technology companies for illegal operations
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Taiwan's Ministry of Justice Investigation Bureau is investigating 16 Chinese technology companies for allegedly operating without proper approval. The firms are suspected of secretly establishing offices and hiring local staff in Taiwan. Over 300 investigators conducted searches at 70 locations, questioning around 120 individuals linked to these companies. The investigation highlights concerns over the impact on Taiwan's high-tech sector, which is vital to its economy. Companies like Lontium Semiconductor and Huntkey Group are among those under scrutiny for faking business registrations and disguising their operations.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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