Taiwan probes 17 China-funded firms over high-tech talent poaching

Taipei: Taiwanese investigators said Wednesday they have raided dozens of locations as part of a probe into 17 Chinese-funded companies suspected of trying to “illegally” poach Taiwan’s high-tech talent to erode the island’s competitive edge.

Taiwan is a powerhouse in the global semiconductor industry, producing nearly all of the most advanced chips for companies including Nvidia and Apple.

China is racing to develop the advanced chips used to power artificial intelligence systems, as it faces export restrictions imposed by the United States.

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