Taiwan Semiconductor Manufacturing Company is suing a former top executive who has recently joined US rival Intel, as it moves to protect its dominance as the world’s largest maker of chips.
TSMC said on Tuesday it had filed a lawsuit in Taiwan’s intellectual property and commercial court, which will seek damages for breach of contract from former vice-president Lo Wei-Jen, who retired from the company in July.
“There is a high probability that Lo uses, leaks, discloses, delivers, or transfers TSMC’s trade secrets and confidential information to Intel, thus making legal actions (including claiming damages for breach of contract) necessary,” TSMC said.
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