Taiwanese business leaders are calling for authorities to ease restrictions on investment in the mainland

Taiwan area executives asked the Taiwan authorities to relax restrictions on mainland investment and technology transfer calls. Local media reported that not long ago in Taiwan No. third leader Xie Changting met with some technology executives, including Chairman of TSMC chairman Zhang Zhongmou and Li Kunyao auo.

At the meeting, all the executives urged to speed up approval, Hsieh technology to transfer procedures, to make Taiwan subsidiaries in mainland China to remain competitive. TSMC, for example, has been waiting for approval from the authorities since the beginning of the year to transfer it to a factory in Shanghai with a 0.18 micron manufacturing process, fearing further delays will lead to its customers to compete with smic.

Xie Changting said that the authorities will consider making some changes to the relevant provisions, but did not provide details of what. After the meeting, local media quoted the executive secretary of the Taiwan Regional Investment Committee Huang Qingtang (Huang Chin-tan), said: we expect to see (Taiwan) government policy highlights."

Other companies are still waiting for approval to carry out large-scale operations in mainland China, including DRAM maker Powerchip and promos, and packaging and testing company Precision Industries Ltd and Silicon ase.