Reported 8 months ago
President Lai Ching-te announced the parliament's expansion of authority bill on June 24, 2024, which has raised concerns among chip industry engineers. They fear that companies like TSMC might be forced to disclose business secrets if summoned for investigation. President Lai expressed that the law, which grants lawmakers new investigative powers over government agencies, corporations, and individuals, has prompted worries among businesses and international stakeholders about the potential leakage of trade secrets. He believes this could negatively impact Taiwan's international competitiveness and foreign investments, leading him to seek a constitutional interpretation to protect privacy rights and business secrets.
Source: YAHOO