China poaching Taiwanese tech talent

0303N_China poaching

President-elect Tsai Ing-wen, left, already faces pressure from industry leaders, including MediaTek Chairman Tsai Ming-kai, to confront the threat China poses to Taiwan's vital semiconductor industry.

CHENG TING-FANG, Nikkei staff writer

HSINCHU, Taiwan -- The head of a major Taiwanese contract chipmaking company told the Nikkei Asian Review on Thursday that if the authorities fail to prevent mainland China from stealing tech executives, Taiwan's world-beating electronics industry will be in jeopardy.

     Yen Po-wen, CEO of United Microelectronics Corp., was speaking amid speculation that J.H. Shyu, one of his company's former senior vice presidents, is to work for a mainland rival after unexpectedly retiring at the end of February.

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