TAOYUAN, Taiwan -- The head of major Taiwanese memory chipmaker Nanya Technology on Friday warned that China's aggressive moves to foster its own chip capabilities could cause a serious supply glut and voiced concerns about Chinese companies' ongoing efforts to poach talent from other companies.
"We are worried that if China invests aggressively to build memory chip facilities and if they manage to license technology from key global chipmakers, the sector could go from healthy competition to cutthroat battles that could lead to out-of-control and disruptive outcomes," Lee Pei-Ing, president of Nanya Technology, told reporters at a press conference after the company's annual general meeting.
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