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-0.000432066826335899 -0.00071655527165983 -0.000627652632495963 -0.000219767324012799 -0.000592091576830496 -2.31146861826338E-05 0.00282461465151062 0.00184384073625616
Stock impact report

Taiwan's TSMC Says Suing Former Executive Over Trade Secrets, Intel Move [Barron's]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Barrons
Lo retired in July as senior vice president of Taiwan Semiconductor Manufacturing Company, the world's biggest chipmaker, and joined rival Intel as "executive vice president", TSMC said in a statement. Advertisement - Scroll to Continue 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. "There is a high probability that Lo uses, leaks, discloses, delivers, or transfers TSMC's trade secrets and confidential information to Intel," TSMC said. Lo was transferred to TSMC's Corporate Strategy Department in March 2024 but allegedly continued to meet with staff from Research and Development departments "to provide information for him to understand the advanced technologies currently, and planned to be, under development by TSMC", the company said. Lo had signed non-disclosure and non-compete agreements with TSMC, it said, and had told TSM Show less Read more
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