Get the latest tech news
Man charged for selling NT$1.9bn in trade secrets
Bringing Taiwan to the World and the World to Taiwan
The man, a 60-year-old surnamed Tsou (鄒), is suspected of having copied and taken possession of 5,681 confidential HCM Co business files on the company’s materials, processes, designs and equipment development, the prosecutors’ office said in a statement on Monday. Although the indictment covers only the theft of the secrets, prosecutors said that they were worth NT$1.944 billion and caused the company substantial losses, without explaining how they arrived at the figure. Prosecutors said that Tsou contravened the Trade Secrets Act and his actions hurt the development and competitiveness of Taiwan’s high-tech industry, adding that they recommended he be given a heavy sentence.
Or read this on r/technology
