TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co ( TSM ) said on Tuesday it had filed a lawsuit in the Intellectual Property and Commercial Court against its former Senior Vice President Wei-Jen Lo, who recently joined Intel ( INTC ).

In an emailed statement to Reuters, TSMC said the lawsuit is based on the terms of the employment contract between TSMC and Lo, the non-compete agreement signed by Lo, and regulations such as the Trade Secrets Act.

Intel ( INTC ) did not immediately respond to a request for comment.