Taiwan prosecutors search Unimicron in suspected China fraud case

TAIPEI, Aug 29 (Reuters) - ‌Taiwan prosecutors ​said ​on Saturday they had searched the offices of Taiwanese printed circuit board maker Unimicron ‌Technology on suspicion the company falsely labelled some ⁠of its China-made products as being from Taiwan.

• Prosecutors in ‌the northern city of ‌Taoyuan said they had searched two company locations and questioned 18 defendants and witnesses.

• The suspected ​false labelling of the made-in-China printed curcuit boards could constitute a breach of the law and ⁠involve the forgery of documents, the prosecutors said in a statement.

• ​Unimicron did not immediately respond to a request for comment. On Friday night, it said ​in a statement to the ‌Taiwan stock exchange that its offices had been searched and it would fully ⁠cooperate with the prosecutors.

• Taiwan's government has been cracking down on "origin washing", whereby companies claim goods are made ⁠in Taiwan in an attempt to get preferential tariff treatment ​when the goods are actually made in China or elsewhere, which could be subject to higher export tariffs.

• The White ‌House said this month that the United States is losing annual tariff revenue ‌of about $19 billion to $26 billion on goods, largely from ⁠China, that are ‌transshipped through third countries ​to avoid U.S. import duties.

(Reporting by Ben Blanchard and Wen-Yee Lee; Editing by William ‌Mallard)

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