The Taiwan government is facing increasing scrutiny over Taiwan Memory, the company it established to reform the island's struggling dynamic random- access memory chip industry.
Legislators on the economics committee yesterday passed a motion calling on the government to give regular reports on the company.
Pan Meng-an, the opposition party member who tabled the motion, said Taiwan Memory's structure was already vastly different from what legislators and the industry had expected. “When Taiwan Memory was established, we had thought it would speed up industry consolidation and help Taiwan compete against South Korea, but that spark of hope turned into just a flash in the pan.”