Intel denies TSMC allegations that executive leaked trade secrets [Yahoo! Finance Canada]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance Canada
"Intel maintains rigorous policies and controls that ?strictly prohibit ?the use or transfer of any third-party confidential ?information or intellectual property. We take these commitments seriously. Based on everything ?we know, we have ?no reason to believe there is any merit to the allegations involving Mr. Lo," it said in an emailed statement. TSMC ?said on Tuesday it ?had filed a ?lawsuit in Taiwan's Intellectual Property and Commercial Court against ?Lo, ?its former senior vice president, who recently joined Intel. (?Reporting by Wen-Yee Lee; Writing ?by Ben Blanchard; Editing ?by Christian Schmollinger)
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