Picture of Tokyo Electron logo

8035 — Tokyo Electron News Story

0.000.00%
jp flag iconLast trade - 00:00
TechnologySpeculativeLarge CapHigh Flyer

Taiwan court hands out jail terms of up to 10 years in TSMC trade secrets case

NEW TAIPEI, Taiwan, April 27 (Reuters) - A Taiwan court on Monday fined the local unit of Japan's Tokyo Electron 8035.T T$150 million ($4.78 million) and sentenced defendants to up to 10 years in jail in a trade secrets case involving the alleged theft of TSMC's 2330.TW sensitive chip technology.

The ruling marks one of Taiwan's most high-profile cases involving alleged breaches of national core technologies, after prosecutors charged Tokyo Electron's Taiwan unit under the National Security Act.

($1 = 31.4110 Taiwan dollars)

 (Reporting by Wen-Yee Lee; Writing by Ben Blanchard; Editing by Christian Schmollinger)

 ((ben.blanchard@thomsonreuters.com;))

Recent news on Tokyo Electron

See all news