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          Taiwan CEO aims to renounce island links
          By Dai Yan (China Daily)
          Updated: 2005-08-26 05:59

          Chang also said he hoped Taiwan authorities would create a fair environment for competition.

          "I welcome my Taiwan counterparts to come to the mainland and develop the semiconductor industry," Chang said. "If the policy of the Taiwan local administration allows, I am willing to be the strategic partner for my Taiwanese counterparts."

          Wu Xianfeng, a semiconductor analyst with Guotai Jun'an Securities, said the fine was insignificant to Chang, but he had reacted strongly because he thought the trouble created by the Taiwanese authorities was unreasonable.

          "The investment trend from Taiwan in the mainland's high-tech sector cannot be blocked," said Wu.

          Wu said the spat with the Taiwan authorities would not impact on SMIC's business.

          Taiwan has extremely strict control over its investments in the mainland's high-tech industry.

          In April, Taipei fined United Microelectronics Corp Chairman Robert Tsao NT$3 million (US$90,000) for allegedly failing to tell investors about advice some executives gave a mainland chip maker.

          In February, Hsu Chien-hua, who heads China-based He Jian Technology, was fined for investing in the Chinese mainland without government approval.


          Page: 12



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