Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) sits at the center of a widening legal battle over alleged theft of its trade secrets.
Taiwan prosecutors have charged Tokyo Electron’s Taiwan unit with violating the National Security Act and the Trade Secrets Act, Reuters reported on Tuesday.
Taiwan Semiconductor has also filed a separate lawsuit against a former executive who is now at Intel Corp. (NASDAQ:INTC), accusing him of putting its most sensitive technology at risk.
Also Read: Taiwan Semiconductor Doubles Down On 2nm Chips As AI Frenzy Fuels Billion-Dollar Buildout
Tokyo Electron’s Taiwan Unit Charged
Prosecutors charged Tokyo Electron’s local unit on Tuesday under the National Security Act and the Trade Secrets Act. The move follows an earlier indictment accusing a …Full story available on Benzinga.com
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