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

• Taiwan has issued an arrest warrant for OnePlus CEO and co-founder Pete Lau.
• Lau is accused of running an illegal business operation and recruiting over 70 employees in Taiwan without proper authorization.
• The Shilin District Prosecutors' Office indicted two Taiwanese nationals for allegedly assisting Lau's unauthorized operations.
• Prosecutors allege violations of the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area.
• Taiwan is taking measures to protect its technology and sensitive knowledge, especially in fields like semiconductors.

Why It Matters: OnePlus CEO Pete Lau faces an arrest warrant in Taiwan for allegedly operating an illegal business.