TSMC lawsuit claims former exec probably leaks to Intel
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TSMC lawsuit claims former exec probably leaks to Intel
"TSMC's filing alleges that in that role Lo met with R&D staff, despite the job not involving oversight of their teams, and sought information about "the advanced technologies currently, and planned to be, under development by TSMC." Lo retired from TSMC last July, and in his exit interview said he planned to join an academic institution. TSMC says the exit interview also saw its general counsel remind Lo of the non-disclosure agreement and non-compete agreement he had previously signed."
"TSMC's filing therefore concludes "There is a high probability that Lo uses, leaks, discloses, delivers, or transfers TSMC's trade secrets and confidential information to Intel." Intel has said TSMC's claims are meritless, that people moving between semiconductor companies has helped to drive innovation, and that it is confident it can act with integrity. TSMC chose Taiwan's Intellectual Property and Commercial Court to fight this matter and mentioned the nation's Trade Secrets Act as pertinent to the case."
TSMC believes a former executive leaked company secrets to Intel and is pursuing the matter in Taiwan's Intellectual Property and Commercial Court under the Trade Secrets Act. Wei-Jen Lo joined TSMC in 2004, became senior vice‑president in 2014, and in 2024 moved to Corporate Strategy Development to counsel chairman and CEO Dr. C.C. Wei. TSMC alleges Lo met with R&D staff despite lacking oversight and sought information about "the advanced technologies currently, and planned to be, under development by TSMC." Lo retired in July after an exit interview that reiterated his NDA and non‑compete, then joined Intel. Intel says the claims are meritless and defends talent mobility as innovation.
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