TAIPEI: Taiwanese chipmaking titan Taiwan Semiconductor Manufacturing Company (TSMC) said today it has filed a lawsuit against former executive Lo Wei-jen, alleging the “high probability” he has leaked trade secrets to his new employer, Intel.
Lo retired in July as senior vice-president of TSMC, the world’s biggest chipmaker, and joined rival Intel as “executive vice-president”, TSMC said in a statement.
TSMC said the case lodged in the intellectual property and commercial court was based on the terms of Lo’s employment contract, non-compete agreement and regulations such as the trade secrets act.
