Progress: An 8-inch silicon wafer from 1993 on display at the ITRI Exhibition hall. (Photo: Matthew Fulco)

Allowing Chinese investment in the sector could give Beijing immoderate influence over Taiwan’s most prized industry, yet shunning it could undermine competitiveness.   The semiconductor sector is one of the last areas of the global consumer electronics supply chain where Taiwanese firms retain an edge over their Chinese competitors. Taiwanese integrated circuit (IC) makers have…

Hsinchu-based fabless semiconductor firm Mediatek Inc. announced that it will acquire power management chipmaker Richtek Technology Corp. for some NT$28 billion (US$857 million) in cash. According to a statement issued by company chairman Tsai Ming-kai, the move is in response to a spate of mergers and acquisitions that signals “the semiconductor industry is consolidating in…