Ex-TSMC executive’s homes raided in Intel trade-secret lawsuit — Taiwanese prosecutors seize digital devices in ongoing investigation

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Taiwanese prosecutors have searched the homes of former TSMC Senior Vice President Lo Wen-jen, days after the company filed a civil lawsuit alleging that Lo may have leaked trade secrets to Intel. The searches took place on Wednesday, November 26, at Lo’s residences in Taipei and Hsinchu, with authorities confirming that they seized digital devices as part of an ongoing investigation.

TSMC initiated legal action earlier this week, arguing that there is a “high likelihood” that Lo misappropriated…



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Ex-TSMC executive’s homes raided in Intel trade-secret lawsuit — Taiwanese prosecutors seize digital devices in ongoing investigation


Taiwanese prosecutors have searched the homes of former TSMC Senior Vice President Lo Wen-jen, days after the company filed a civil lawsuit alleging that Lo may have leaked trade secrets to Intel. The searches took place on Wednesday, November 26, at Lo’s residences in Taipei and Hsinchu, with authorities confirming that they seized digital devices as part of an ongoing investigation.

TSMC initiated legal action earlier this week, arguing that there is a “high likelihood” that Lo misappropriated…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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