Yageo says it will protect technology if Shibaura purchase succeeds

TAIPEI/TOKYO: Taiwan’s Yageo said it will implement strict controls to prevent technology from leaking if it succeeds in acquiring Japan’s Shibaura Electronics, responding to concerns in Japan over what the deal could mean for national security.

Chairman Pierre Chen told reporters in Taipei on Saturday that the company will meet with Shibaura in mid-June in Tokyo to discuss potential cooperation.