Taiwan decided to take strict measures against economic espionage, including a maximum sentence of 12 years in prison for transferring key technologies to other countries, such as China.
The Taiwan Central News Agency reported that on the 17th, the Taiwanese cabinet, the Executive Council, passed an amendment to the National Security Law containing these contents.
The amended bill newly introduced the 'Crime of Economic Espionage of State Key Technology', and if violated, could be sentenced to 5 to 12 years in prison and a fine of 5 to 100 million Taiwan dollars (210 million to 4.3 billion won). It contains content to make it happen.
It made it possible to punish even those who failed to do so.
In addition, unauthorized use of trade secrets related to national key technology outside Taiwan can be punished by imprisonment for 3 to 10 years and a fine of 5 to 50 million Taiwan dollars (210 million to 2.1 billion won).
According to the bill, "Anyone shall not engage in any act of infringing upon national key technology for the sake of foreign, continental (mainland China), Hong Kong, Macao, or other hostile forces outside of Taiwan, or various organizations, institutions, and organizations established or substantially controlled by the hostile forces. No,” he stipulated.
The Continental Commission, Taiwan's agency in charge of dealings with China, plans to revise the ordinance on cross-strait relations so that high-tech personnel who want to work in China will be subject to government scrutiny.
The amendments to the ordinance include that those who have worked in high-tech fields that have been subsidized or invested by the Taiwanese government must pass a government screening if they want to work in China.
Failure to do so will result in a fine of up to 10 million Taiwan dollars (about 430 million won).
Although the Continental Commission did not present a specific target industry, it is interpreted that the focus was on preventing the leakage of semiconductor technology.