Taiwan Issues Arrest Warrant for OnePlus CEO Pete Lau Over Illegal Hiring

• Taiwanese authorities have issued an arrest warrant for OnePlus CEO Pete Lau.
• Lau is accused of illegally employing Taiwanese workers, violating the Cross-Strait Act.
• OnePlus allegedly used a Hong Kong shell company to establish an unapproved Taiwan branch in 2015.
• The company is accused of recruiting over 70 engineers for R&D, bypassing regulatory approval.
• The Cross-Strait Act aims to prevent unauthorized technology transfer and protect Taiwan's strategic industries.

Why It Matters: Taiwan seeks OnePlus CEO Pete Lau for allegedly circumventing laws to hire local engineers.