The Mainland Affairs Committee and the Ministry of Economic Affairs will allow Taiwanese investment in 0.18 micron process technology in China, lifting the lengthy ban. Taiwan Semiconductor (台積電, TSM) will likely be the first to benefit. Read about the announcement here in Chinese or here in English.
Former President Li Teng-hui recently criticized moves to loosen restrictions on Taiwanese investment in China. This article suggests that Taiwanese investment in chip processing technology in China lags that of the U.S. [In Chinese.]
