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Taiwanese authorities detain three over alleged theft of TSMC chip secrets

MacDailyNews

Aug 5

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Taiwanese authorities detained three individuals suspected of stealing trade secrets from Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading chip foundry, prosecutors announced on Tuesday. The detentions followed TSMC’s internal investigation, which revealed that former and current employees illegally acquired company information, according to the Taiwan High Prosecutors Office. Two others were released on bail, and one additional person was released without bail.

Wen-Yee Lee and Bipasha Dey for Reuters:
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The three who have been detained – two current staff and one former employee – are suspected of violating Taiwan’s national security law, it added. It did not disclose their identities apart from saying that the former staffer was surnamed Chen.
Earlier on Tuesday, TSMC said it had launched legal proceedings and taken disciplinary action against employees involved in potential trade secret leaks after detecting unauthorised activities during routine monitoring.
It said its “comprehensive and robust monitoring mechanisms” enabled early identification of the issue, leading to internal investigations and measures against the personnel involved.
Nikkei Asia earlier reported that the breach involved several former employees suspected of attempting to obtain critical proprietary information on TSMC’s 2-nanometer chip technology…
TSMC’s 2-nanometer chip technology is the most advanced technology in the semiconductor industry in terms of both density and energy efficiency, according to the company’s website.

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MacDailyNews Take: Prosecute to the fullest extent of the law.

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[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

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