Taiwanese prosecutors have charged Tokyo Electron’s Taiwan unit with national security and trade secret violations. They accuse the company of failing to stop the theft of TSMC’s confidential technology after a former employee allegedly conspired to steal information about TSMC’s advanced 2nm process. If found guilty, the company could face fines of up to US$3.8 million.
00:00Taiwan prosecutors are charging Tokyo Electron with national security and trade secrets violations in a case involving chip giant TSMC's most advanced technology.
00:10The Japanese-owned company is accused of failing to prevent staff from stealing TSMC's business secrets.
00:17It comes after one staff member was charged with conspiring to leak details about TSMC's 2-nanometer technology.
00:24Prosecutors say the company could face a fine of up to US$3.8 million if convicted.
00:31Tokyo Electron told Bloomberg the indictment targets its Taiwan unit.
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