"It's rumor and speculation. There's nothing to it. We respect IP, Tan told Bloomberg News on the sidelines of the Semiconductor Industry Association Awards in San Jose on Thursday. The event recognized TSMC CEO C.C. Wei and former Chairman Mark Liu with its highest honor, the Robert N. Noyce Award. Now valued at more than $1.15 trillion, TSMC has become the undisputed global leader in contract chipmaking, surpassing semiconductor pioneer Intel."
"Local prosecutors have started looking into the reports to see whether any person broke any law, Taiwan High Prosecutors Office spokesman John Nieh told Bloomberg News. TSMC has opened an internal investigation about whether Lo has taken trade secrets without its consent, according to a person familiar with the matter. It is unclear whether TSMC has reached a conclusion about any potential damage to the company, the person added, asking not to be identified since the information is private."
Reports said Lo Wei-jen, 75, moved from retirement at TSMC to join Intel and was alleged to have taken proprietary know-how from his former employer just before leaving. Lip-Bu Tan denied the allegations and stated that Intel respects other firms' intellectual property. Taiwan prosecutors have started inquiries and TSMC launched an internal investigation into possible removal of trade secrets, with uncertainty about any resulting damage. Lo oversaw corporate strategy and previously led research and technology development, helping mass production of cutting-edge chips used in AI accelerators. TSMC's proprietary data and fabrication techniques are highly prized and strategically important to Taiwan.
Read at www.mercurynews.com
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