As they work quietly in their cubicles, Sitronix’s casually dressed engineers do not appear obvious national security assets.
But they are treated as such by the Taiwanese government, which has long forbidden investment by mainland Chinese companies in semiconductor design companies such as Sitronix, which dream up chips for display panels in smartphones and cars.
This ban is intended to stop vital intellectual property leaking away to the mainland — and undermining a $70bn semiconductor industry that dominates Taiwan’s electronics sector, which produces 40 per cent of the island’s exports.
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