Taiwan's TSMC sues China's SMIC in US for Trade Secrets

Taiwan Semiconductor Manufacturing Co. Ltd (TSMC) has again filed a law suit against China's SMIC for misapprobiating of trade secrets. The law suit will take place in the US.

""SMIC has violated an agreement with our company set in 2005 and continued to use our business secrets inappropriately," TSMC said in the statement.
"Therefore, the suit filed by our company seeks compensation for damages and cessation of the activities.""

Read David Lin's articel for Reuters here.