Taiwan Semiconductor Manufacturing Co (TSMC) has filed a lawsuit in the Intellectual Property and Commercial Court against its former executive Wei-Jen Lo over security concerns.
Wei-Jen has recently joined Intel Corp in October.
TSMC in an emailed statement to Reuters said that Trade Secret Act and employment contract terms signed by TSMC and Wei-Jen define the nature of the lawsuit.
As per chip-making company’s findings, it is highly possible that Wei-Jen has breached trade secrets to intel before leaving this manufacturing company.
Earlier this week, Taiwanese newspapers also reported that the ex-executive before his departure also stole proprietary know-how from his former employer.
At TSMC, Wei-Jen was responsible for drafting corporate strategy, including research and technology development at TSMC. Moreover, he was also involved in managing the mass production of cutting-edge chips that used to make AI accelerators.
No comments have been issued from Intel and Taiwanese prosecutors.
Last week, Intel’s Chief Executive Officer Lip-Bu Tan also rejected the rumours regarding wrongdoing while assuring that the company not only follows intellectual property rights but also respects core values.
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