Taipei, Taiwan – Taiwan is beefing up efforts to protect what may be the island’s most important resources: semiconductor executives and engineers that Taipei says are being poached by China.
Earlier this year, Taiwan’s cabinet proposed strengthening the country’s National Security Act to apply harsher sentences for crimes including “extraterritorial misappropriation of trade secrets” and economic espionage. Under the proposed amendments, the offences could soon carry prison sentences of up to 10 and 12 years, respectively, and fines of between $1m and $3.5m.
