Tue, Feb 01, 2005 - Page 11 News List

SMIC settles dispute for US$175m

PATENT CASE The Chinese company agreed to pay the money to TSMC in yearly installments for the next six years, while TSMC agreed to drop its remaining lawsuits

BLOOMBERG AND AFP , TAIPEI

Last March, TSMC filed new evidence of alleged corporate espionage by SMIC with a US Federal Court, claiming that SMIC stole advanced semiconductor manufacturing technologies and other trade secrets from TSMC and its US affiliates.

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