US EditionTaiwan Raids Former TSMC Exec's Home in Trade Secrets Probe
Taiwanese authorities seized computers from Intel VP Wei-Jen Lo amid allegations of transferring TSMC trade secrets to Intel to aid its competitive efforts, TSMC said.
- On Thursday, Taiwanese authorities raided homes tied to Intel vice president Wei-Jen Lo, seizing his computers and suspecting violations of the National Security Act.
- TSMC sued Lo on Tuesday in the Intellectual Property and Commercial Court, asserting a high probability he transferred its trade secrets to Intel.
- Prosecutors launched the probe on Nov. 18 after learning Lo was suspected of violating the National Security Act, and court permission was granted to seize Lo's stocks and real estate under Article 133 of the Code of Criminal Procedure.
- Neither Intel nor TSMC immediately responded to requests for comment Thursday, and Intel CEO Lip-Bu Tan told employees Wednesday that `Based on everything we know today, we see no merit to the allegations involving Wei-Jen, and he continues to have our full support.`
- Thursday's raid highlights Taiwan's prioritisation of its chip sector and raises geopolitical issues amid Intel Corp.'s push to catch up with Taiwan Semiconductor Manufacturing Co. for manufacturing clients.
23 Articles
23 Articles
Former TSMC exec who left for Intel has homes raided, devices seized
TSMC filed the lawsuit this week in the Intellectual Property and Commercial Court. The filing is based on the terms of Lo's contract with the company, including the non-compete agreement he signed, and regulations such as the Trade Secrets Act.Read Entire Article
The Mercury news
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Intel Corp. Chief Executive Officer Lip-Bu Tan dismissed reports about a new hire taking trade secrets from Taiwan Semiconductor Manufacturing Co. to his company, saying the US chipmaker respects o…
A former senior leader of TSMC, the Taiwanese semiconductor giant, who has now joined US competitor Intel, is suspected by Taiwan's justice of violating the national security law. His residences on the island have been searched.
TSMC Ex-VP's Home Raided As Chip Giant Alleges Intel Recruit Leaked Trade Secrets - Apple (NASDAQ:AAPL), Intel (NASDAQ:INTC)
Taiwan prosecutors raided the homes of a former TSMC vice president accused of leaking advanced chipmaking secrets to Intel, a claim Intel firmly denies as the high-stakes investigation intensifies.
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