Taiwan Court Sanctions Tokyo Electron in TSMC Trade Secrets Case
A Taiwan court has fined Tokyo Electron's local unit T$150 million and sentenced five individuals for stealing TSMC's chip technology secrets. The case, tied to national security breaches, involved confidential 2-nanometre process technology. Former employees received various jail terms, and the company has agreed on improved trade secrets protection with TSMC.
A Taiwanese court imposed a T$150 million fine on Tokyo Electron's local unit and sentenced five individuals in a high-profile case of trade secret theft concerning TSMC's advanced chip technology.
The court cited violations of Taiwan's National Security Act, revealing that the secured information concerning TSMC's 2-nanometre process technology was found on the Japanese firm's cloud.
Tokyo Electron stated it would enhance secret protection measures, despite no findings of organizational involvement, while TSMC shares rose 3.7% post-ruling.
(With inputs from agencies.)
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