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TSMC Sues After Top Executive Joins Intel
TSMC alleges former executive breached confidentiality and non-compete clauses by sharing trade secrets with Intel, risking technology leaks after joining the rival company.
- On Tuesday, Taiwan Semiconductor Manufacturing Co. filed a lawsuit in Taiwan's Intellectual Property and Commercial Court accusing former Senior Vice President Lo Wei-jen of leaking trade secrets to Intel to protect confidential information.
- TSMC says Lo signed strict confidentiality clauses and a post-employment non-compete agreement, alleging he misled them by claiming he would join an academic institution instead of Intel.
- Reassigned in March to Corporate Strategy Development, Lo Wei-jen continued requesting meetings with R&D teams despite no longer overseeing them, and retired on July 27, TSMC alleges.
- The case highlights industry stakes, with TSMC valued at $1.5 trillion and Intel at $170 billion, amid Intel's efforts to rebuild advanced manufacturing technology and justify recruiting Lo Wei-jen.
- Intel, shut out of the booming AI market, faces pressure to prove its manufacturing chops after cutting more than 30,000 jobs, while TSMC warns misuse of trade secrets could harm its advanced process technologies.
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Intel denies ex-TSMC executive leaked trade secrets
American technology giant Intel Corp. said Wednesday "there is no merit" to the allegations that Lo Wei-jen (羅唯仁), one of its employees and a former executive at Taiwan Semiconductor Manufacturing Co. (TSMC), had leaked the Taiwanese company's trade secrets.
·Taiwan
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Trade Secrets Turmoil: TSMC Sues Former Exec Over Intel Transition
Taiwan Semiconductor Manufacturing Co (TSMC) has filed a lawsuit against its former Senior VP Wei-Jen Lo, who recently joined Intel. The lawsuit alleges potential leaks of TSMC’s trade secrets. Lo, who played a key role in chip advancements, is being investigated by Taiwanese authorities.
·India
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