The Taiwan High Prosecutors Office Intellectual Property Branch yesterday indicted three individuals and Tokyo Electron Taiwan Ltd for stealing Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) 14-nanometer (14nm) technology secrets.
The individuals included Chen Li-ming (陳力銘), a former TSMC engineer who worked at Tokyo Electron Taiwan, a TSMC employee surnamed Chen (陳), and a Tokyo Electron Taiwan employee surnamed Lu (盧), the prosecutors office said in a statement.
The first two were charged with reproducing trade secrets relating to national core key technologies under the National Security Act (國家安全法), while Lu and Tokyo Electron Taiwan were charged with destroying evidence in a criminal case, the statement said.
Photo: Ann Wang, Reuters
The case came to light when prosecutors were investigating Tokyo Electron Taiwan for the alleged theft of TSMC trade secrets related to its 2nm process. During the investigation, it was discovered that the company’s cloud storage contained additional trade secrets linked to TSMC’s 14-nanometer technology, prosecutors said.
Prosecutors said Chen Li-ming confessed after being presented with evidence and identified an accomplice, also surnamed Chen, who has yet to admit guilt. They are seeking prison sentences of seven years and eight years and eight months, respectively, for the two defendants.
Prosecutors added that Lu attempted to delete evidence after learning that TSMC had uncovered Chen Li-ming’s actions and has continued to deny any wrongdoing. They are seeking a one-year prison sentence for Lu.
Prosecutors are also seeking a NT$25 million (US $794,356) fine against Tokyo Electron Taiwan, while also noting that the company cooperated with the investigation, which aided the case.
Chen Li-ming, along with two others, were indicted in August last year for stealing TSMC’s 2nm technology. The three are currently being detained.
Tokyo Electron Taiwan was indicted last month on four violations of the Trade Secrets Act (營業秘密法) and National Security Act for failing to properly supervise Chen Li-ming, with prosecutors seeking a total penalty of NT$120 million.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
RATIONING: The proposal would give the Trump administration ample leverage to negotiate investments in the US as it decides how many chips to give each country US officials are debating a new regulatory framework for exporting artificial intelligence (AI) chips and are considering requiring foreign nations to invest in US AI data centers or security guarantees as a condition for granting exports of 200,000 chips or more, according to a document seen by Reuters. The rules are not yet final and could change. They would be the first attempt to regulate the flow of AI chips to US allies and partners since US President Donald Trump’s administration said it rescinded its predecessor’s so-called AI diffusion rules. Those rules sought to keep a significant amount of AI
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
A new worry has been rippling across the stock market lately: Entire businesses, not just their employees, might be thrown out of work. While most economists say fears of an artificial intelligence (AI) job apocalypse are overblown, seismic shifts have happened in the past after big tech breakthroughs. The IT revolution of the 1990s led to a surge in productivity that sped up the US economy for several years. It also rendered companies or even industries largely redundant — from travel agents and stockbrokers to classified advertising and newspapers, or video rental stores. Economists expect AI would deliver higher productivity,