Chipmaker TSMC uncovers potential trade secrets theft, three arrested in Taiwan | Latest Tech News
Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, said Tuesday it had found “unauthorized activities” of workers suspected of stealing trade secrets associated to its most superior laptop chips.
TSMC, which makes chips for major companies like Apple and Nvidia, reportedly fired a number of employees after uncovering the security breach “during routine monitoring” and contacted Taiwanese authorities.
The Taiwan High Prosecutors Office said it had arrested three people concerned in the alleged theft and had searched their properties, the Wall Street Journal reported. The probe started after TSMC noticed them accessing secure company information.
Authorities said they’ve arrested three people in connection to the TSMC case. REUTERS
“TSMC maintains a zero-tolerance policy toward any actions that compromise the protection of trade secrets or harm the company’s interests,” the company said in a assertion.
“Such violations are dealt with strictly and pursued to the fullest extent of the law,” the company added. “We remain committed to safeguarding our core competitiveness and the shared interests of all our employees.”
Nikkei Asia earlier reported that the company had fired a number of workers suspected of making an attempt to steal data associated to its modern 2-nanometer chips, that are set to enter mass manufacturing later this 12 months.
TSMC said it had found evidence of workers illegally accessing trade secrets. REUTERS
TSMC didn’t present additional specifics since the case is still under judicial review.
US and Taiwanese officers have expressed growing alarm about the theft of trade secrets in latest years as tensions rise with China.
TSMC’s work is especially delicate due to its roster of top shoppers. The company once said it has more than 200,000 trade secrets saved in its inside systems.
The Trump administration has cultivated nearer ties to TSMC. REUTERS
Computer chips are in high demand because they’re needed to energy artificial intelligence fashions. Nvidia has change into the world’s most useful company with a market valuation of practically $4.4 trillion.
The Trump administration has cultivated nearer ties with TSMC since the president took workplace.
In March, TSMC pledged to invest $100 billion to enhance manufacturing in the US as half of a four-year project.
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