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Taiwan Accuses Bitcoin Mining Giant Bitmain of Poaching Its Engineers


Taiwan Accuses Bitcoin Mining Giant Bitmain of Poaching Its Engineers
Bitcoin mining company Bitmain Technologies is under investigation in Taiwan for allegedly running illegal R&D centers on the island.
In brief
Other Chinese companies are reportedly under investigation over luring Taiwanese tech talents.
Chinese crypto mining rig manufacturer Bitmain Technologies has reportedly illegally poached at least 100 engineers in a bid to accelerate the development of proprietary artificial intelligence(AI)-powered chips.
According to a recent report by
Nikkei Asia, Taiwanese prosecutors launched a probe at several locations in New Taipei City and Hsinchu, interrogating 19 local executives and engineers suspected of being involved. ....

T Ai Pei , Micree Zhan , Jihan Wu Jihanwu , Taiwan Semiconductor Manufacturing Company , Taipei Prosecutors Office , Bitmain Technologies , Nikkei Asia , New Taipei City , New Taipei Prosecutors Office , டி ஐ பேய் , டைவாந் குறைக்கடத்தி உற்பத்தி நிறுவனம் , தைப்பே ப்ராஸெக்யூடர்ஸ் அலுவலகம் , நிக்கி ஆசியா , புதியது தைப்பே நகரம் , புதியது தைப்பே ப்ராஸெக்யூடர்ஸ் அலுவலகம் ,

Taiwanese tech CEOs released on bail over China investment violations


Taiwanese tech CEOs released on bail over China investment violations
03/10/2021 06:48 PM
Unsplash photo for illustrative purpose only
Taipei, March 10 (CNA) The executives of two tech companies in Taiwan were released on bail by prosecutors on Wednesday after being questioned for their alleged violation of laws governing cross-strait ties.
According to the New Taipei Prosecutors Office, the chief executive of WiseCore Technology Co., surnamed Yen (顏), and IC Link Ltd., surnamed Huang (黃), were freed on bail of NT$100,000 (US$3,534) and NT$200,000, respectively.
The vice president of a joint venture set up by WiseCore and IC Link, surnamed Tsao (曹) was also freed on bail of NT$100,000, prosecutors said. The joint venture was established with unapproved financial support from a Chinese artificial intelligence chip designer, prosecutors allege. ....

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Taiwan Prosecutors Accuse China's Bitmain of Illegally Poaching TSMC, MediaTek Engineers


Mar 9, 2021 07:58 EST
Bitmain, a Beijing-based company best known for producing hardware for cryptocurrency mining, set up front companies in Taiwan in contravention of local law to hire semiconductor engineers with lucrative pay packages to develop AI technology for export to China, prosecutors in Taiwan allege. 
According to local media reports, Bitmain set up two front companies in Taiwan under the names  IC Link Limited Company and WiseCore to hire top engineers from Taiwan Semiconductor Manufacturing Company (TPE:2330) and MediaTek (TPE:2454). Although it isn’t illegal for China-based companies to set up branch offices in Taiwan, it requires registration with the government and it’s closely monitored under provisions in the ....

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