"Europe in the Crosshairs" - New Strider Report Details How China Systematically Recruits and Leverages Talent and Intellectual Property of Europe's Top Semiconductor Companies to Increase Domestic Capabilities
SALT LAKE CITY, July 19, 2023 /PRNewswire/ -- Strider Technologies, Inc. today released a new report detailing the People's Republic of China's (PRC) recruitment of leading scientists, technologists, and executives from European companies to develop advanced semiconductors domestically in China. These activities are part of the PRC's strategic initiative to modernize its military and become the global technology leader.
- These activities are part of the PRC's strategic initiative to modernize its military and become the global technology leader.
- "Our data demonstrates that European technology companies, especially semiconductor firms, have been, and will continue to be, in the crosshairs of a geopolitical battle for intellectual property and talent.
- PRC economic statecraft actors leverage government-backed talent programs, overseas alumni associations, and industry events to encourage overseas experts to relocate.
- Strider's global investment data shows that over the past 20 years more than 200 instances of PRC organizations, including several state-owned enterprises, investing in European semiconductor companies.