(Bloomberg) -- A Taiwanese court ruled Friday that current and former engineers from United Microelectronics Corp. stole trade secrets from U.S. chipmaker Micron Technology Inc. and shared them with a government-backed mainland Chinese company, closing one chapter of a global dispute that’s stoked U.S.-Chinese tensions.The district court of Taichung fined UMC NT$100 million ($3.4 million) after finding three engineers guilty of theft or assisting in the alleged theft. The trio was jailed for periods ranging from 4.5 to 6.5 years and fined between NT$4 million and NT$6 million.The case is part of a years-long dispute spanning two continents that’s deepened divisions between Beijing and Washington. Intellectual property theft is among the Trump administration’s chief complaints as it wages a campaign to contain China that’s rattled global markets. China, which is trying to become a major player in semiconductors, has repeatedly denied that its companies poach trade secrets.UMC said it will appeal...
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]...
