Tsinghua Unigroup’s Chip Plan Meets Pushback in Taiwan

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Gillian Wong 黄敬龄 and Eva Dou, China’s Chip Plan Stir Fears; In Taiwan, concern over emerging rival in semiconductors becomes political. Wall Street Journal, Dec 18, 2015.
http://www.wsj.com/articles/top- ... mbitions-1450340943

Quote:

"On Thursday [Dec 17], Xu Jinghong, chairman of state-controlled conglomerate Tsinghua Holdings Ltd 清华控股有限公司 董事長 徐井宏, addressed Taiwanese worries about Chinese investment in its chip industry. Tsinghua Holdings’ chip arm, Tsinghua Unigroup Ltd, has in recent days unveiled plans to invest [$2b] to Taiwanese companies[, which needs to be approved by the Ma administration].  'What’s so bad about cooperation between the mainland and Taiwan?' he said. 'If Taiwan can continue to close itself, it will lose opportunities for future development.'  Mr. Xu was responding to * * * Tuesday comments from Tsai Ing-wen

"Ms Tsai’s wariness reflects broader sentiment in Taiwan. Her main rival Eric Chu is from the ruling party, the Kuomintang, which traditionally supports more cross-strait investment. But Mr. Chu has taken an even stronger stance than Ms Tsai against China chip investment ahead of the election, which analysts say is a play to win voters.