When Taiwan relaxed restrictions on its technology companies investing in mainland China, it was an explicit attempt to help the island’s two biggest chipmakers – TSMC and UMC.
But the government seems not to have informed regulators from the Financial Supervisory Commission or the Taiwan Stock Exchange. Nine months after the liberalising measure was passed, UMC’s plan to become the first Taiwanese chipmaker to buy a Chinese counterpart has hit regulatory blocks in Taipei. Read more





Richard Waters
Chris Nuttall
Maija Palmer
Robin Kwong
Tim Bradshaw