# State-owned Enterprise

Chips, Goats, and Corporate Warfare: The Bizarre Implosion of a Chinese Tech Pioneer

A high-stakes battle for control between Haite High-Tech and state-backed Qingdao Haiyue has left Hiwafer Technology, a critical semiconductor manufacturer, in a state of surreal disarray. Allegations of forged documents and financial fraud have emerged alongside reports of livestock being raised on the high-tech facility's grounds.