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China hacks and steals Taiwan's semiconductor secrets

The Wired Magazine reported on Thursday (August 6), that a group of Chinese hackers have been successful in stealing Taiwan's semiconductor sector, stealing chip designs and source code.

According to Taiwanese cybersecurity company CyCraft, the operation was a “state-based attack” aiming to manipulate the country's standing and power in the semiconductor industry.

The company said, seven unnamed chip companies, which are mostly headquartered at the Hsinchu Industrial Park, were targeted over the past two years by a group labeled “Chimera.” Now another evidence loosely linked them to a better-known China-sponsored hacking outfit known as “Winnti."

After hacking the hacker, CyCraft found a list of standard operating procedures for intrusions written in the simplified Chinese characters used in China.

However, the company was unable to determine the reason why the Chinese hackers stole technological information from Taiwan. Researchers said, maybe one of their agenda is to seek vulnerabilities in new products, making them compromised even before they are made available to the public.

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