financetom
Business
financetom
/
Business
/
Taiwan prosecutors indict three people of stealing TSMC trade secrets to help its supplier Tokyo Electron
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Taiwan prosecutors indict three people of stealing TSMC trade secrets to help its supplier Tokyo Electron
Aug 27, 2025 4:35 AM

TAIPEI, Aug 27 (Reuters) - Taiwan prosecutors said on

Wednesday that they indicted three people of theft of trade

secrets from chipmaker TSMC saying they conspired to

use the information to help Japan's Tokyo Electron ( TOELF ) in

competing for TSMC supplier deals for the 2nm process.

The three defendants included a former TSMC employee, surnamed

Chen, who after joining chipmaking tools supplier Tokyo Electron ( TOELF )

had solicited help from his former colleagues for the

information on TSMC's technology trade secret, the prosecutors

said.

They said they were recommending a combined 14 year prison

term for Chen for violating Taiwan's trade secrets and national

security laws.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dollar hits year-to-date lows as bulls get nervous; yen retreats from high
Dollar hits year-to-date lows as bulls get nervous; yen retreats from high
Feb 20, 2025
SINGAPORE (Reuters) -The yen retreated on Friday from a 2-1/2 month high hit after of a jump in Japanese inflation, while the dollar was set for its third weekly drop in a row as traders calculated the start of Donald Trump's second term has been mostly bluster on the tariff front. The yen broke through chart resistance at 150 per...
StanChart sets $1.5 billion buyback after 18% rise in annual profit
StanChart sets $1.5 billion buyback after 18% rise in annual profit
Feb 20, 2025
HONG KONG (Reuters) - Standard Chartered ( SCBFF ) announced on Friday a $1.5 billion share buyback and a higher earnings target, after reporting its annual profit rose 18% on the back of record growth in its wealth business and strong markets performance. The London-based bank reported pretax profit for 2024 of $6 billion, up from $5.1 billion the year...
CoStar makes $1.7 billion play for Australia property classifieds firm Domain
CoStar makes $1.7 billion play for Australia property classifieds firm Domain
Feb 20, 2025
(Reuters) - U.S. property data group CoStar made a A$2.65 billion ($1.69 billion) approach for Australian No. 2 real estate classifieds company Domain, swooping on a lacklustre performer in a market primed for a resurgence. The deal would be the first Australian foray for CoStar and would reshape dynamics in a market where listing volumes have sagged as high living...
Moody's cuts Nissan rating to junk status, keeps negative outlook
Moody's cuts Nissan rating to junk status, keeps negative outlook
Feb 20, 2025
TOKYO, Feb 21 (Reuters) - Moody's Ratings said on Friday it has downgraded its rating of Nissan Motor ( NSANF ) credit by one notch to junk status, citing a weak and worsening outlook for the Japanese automaker's credit profile. The credit-rating firm cut Nissan's ( NSANF ) senior unsecured rating to Ba1 from Baa3 and maintained its negative outlook....
Copyright 2023-2026 - www.financetom.com All Rights Reserved