The Legislative Yuan in Taiwan has approved amendments to the Industrial Innovation Act, significantly enhancing oversight over advanced semiconductor technologies and overseas investments. These new regulations introduce an 'N-1' technology restriction, prohibiting the export of the most state-of-the-art manufacturing processes and instituting rigorous scrutiny on foreign investments made by semiconductor firms, particularly TSMC. This development represents a major shift in Taiwan's strategy for managing its vital chip industry, aimed at curbing the leakage of core technologies and safeguarding industrial security.
