Intel Pushes Back on TSMC Accusation in Trade Secrets Lawsuit

Intel is rejecting TSMC’s allegation that its executive, Lo Wei-jen, leaked trade secrets after rejoining the US chipmaker in October. In a statement, Intel said it prohibits the use or transfer of intellectual property and sees no merit in the accusation. The case has been filed in Taiwan’s Intellectual Property and Commercial Court, and Taiwan’s economy ministry and prosecutors are examining possible national security implications.