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  • 5 months ago
Taiwan Semiconductor Manufacturing Company has launched legal action after uncovering potential trade secret leaks, according to CNBC. The world’s largest contract chipmaker said it took swift disciplinary measures and emphasized its zero-tolerance policy for violations that threaten its intellectual property. Several former TSMC employees are suspected of trying to steal proprietary 2-nanometer chip development data while still employed, according to Nikkei Asia. TSMC did not confirm the report but acknowledged the case is under judicial review and declined to provide further details. The company reportedly safeguards over 200,000 trade secrets and previously faced similar cases, including a 2018 indictment involving its 28-nanometer process.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Taiwan Semiconductor Manufacturing Company has launched legal action after uncovering
00:06potential trade secret leaks, according to CNBC. World's largest contract chipmaker said it took
00:11swift disciplinary measures and emphasized its zero-tolerance policy for violations
00:15that threaten its intellectual property. Several former TSMC employees are suspected of trying to
00:20steal proprietary 2-nanometer chip development data while still employed, according to Nikasia.
00:26TSMC did not confirm the report, but acknowledged the case under judicial review and declined to
00:30provide further details. The company reportedly safeguards over 200,000 trade secrets and previously
00:35faced similar cases, including a 2018 indictment involving its 28-nanometer process.
00:40For all things money, visit Benzinga.com.
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