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Story summary
- Taiwan Semiconductor Manufacturing Co. (TSMC) filed a November 25 lawsuit against Wei-Jen Lo, the former Senior Vice President at TSMC, alleging leakage of trade secrets to Intel after joining.
- TSMC says Lo violated his non-compete and the Trade Secrets Act.
- The suit follows an investigation by Taiwan's High Prosecutors Office into alleged data theft before Lo's departure.
- Intel CEO Lip-Bu Tan denied wrongdoing, saying Intel respects IP rights.
