Two executives from chip designer VIA Technologies Inc (威盛電子) appeared in court yesterday and denied charges that they sent an employee to steal software coding from a local tech firm.
Prosecutors have accused VIA chairwoman Cher Wang (王雪紅) and her husband, Wenchi Chen (陳文琦), the firm's president, of sending the employee to work at D-Link Corp (友訊科技) to swipe chip-testing simulation software.
At the Taipei District Court, Wang told reporters that D-Link is a client, not a rival, and that VIA couldn't possibly steal from a customer. Her father is Wang Yung-ching (王永慶), who leads Taiwan's largest manufacturing conglomerate, Formosa Plastics Group (台塑).
Her husband told reporters: "There were a few coincidences and misunderstandings, but we definitely did not do anything wrong."
Jeffrey Chang (張至皓), the employee accused of spying, also testified that he didn't steal, court officials said. Chang worked for D-Link for about two years before returning to VIA in August 2001.
If guilty, Wang and Chen could be sentenced to four years in prison, while Chang could be sentenced to three years, court officials said.
Wang Shu-wen, a D-Link official, said the company detected the alleged crime shortly after Chang quit the firm in August 2001, but she said that the firm had only wanted to take action against Chang.
UNPRECEDENTED PACE: Micron Technology has announced plans to expand manufacturing capabilities with the acquisition of a new chip plant in Miaoli Micron Technology Inc unveiled a newly acquired chip plant in Miaoli County yesterday, as the company expands capacity to meet growing demand for advanced DRAM chips, including high-bandwidth memory chips amid the artificial intelligence boom. The plant in Miaoli County’s Tongluo Township (銅鑼), which Micron acquired from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion, is expected to make a sizeable capacity contribution to the company from fiscal 2028, the company said in a statement. It would be an extended production site of Micron’s large-scale manufacturing hub in Taichung, the company said. As the global semiconductor industry is racing to reach US$1 trillion
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
Memory chip stocks extended their losses yesterday after Alphabet Inc’s Google publicized research that could allow more efficient use of the storage needed for artificial intelligence (AI) development. SK Hynix Inc and Samsung Electronics Co, South Korean leaders in the market, fell more than 6 percent and about 5 percent respectively in Seoul. In the US, Micron Technology Inc, Western Digital Corp and Sandisk Corp slid more than 2 percent in pre-market trading, after they all closed lower on Wednesday. Memory companies have been on a tear in recent months as the rapid development of AI infrastructure triggered a spike in chip
RSS