Government urged to heed tech deal - News Summed Up
Government urged to heed tech deal

Government urged to heed tech deal

January 02, 2018 15:56 UTC

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Government urged to heed tech deal


By Ted Chen / Staff reporterTaiwan’s technology companies yesterday urged the government to take heed of Broadcom Ltd’s bid to acquire Qualcomm Inc, as the deal could have a significant affect on the sector. The deal could affect Taiwan’s semiconductor industry, including chip manufacturing, integrated circuit packaging, as well as information and communications technologies industries, the Allied Association for Science Park Industries said in a statement yesterday. LEVERAGEThe association said that as the deal requires government approval, it should leverage its position to stipulate added conditions to ensure the long-term prospects of local technology companies. The association also urged the government to help local technology companies tap into opportunities from emerging fields, such as artificial intelligence (AI), the association said. The government is monitoring the deal and would continue to help in elevating the capabilities of local technology companies to preserve their bargaining power with buyers, Hsu said.


Source: Taipei Times January 02, 2018 15:56 UTC


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