Taiwan raids former TSMC senior exec's homes in trade secrets probe

Taiwan prosecutors said on Nov 27 that investigators had raided the homes of a former senior TSMC executive and seized computers after the company accused him of leaking trade secrets, something his current employer Intel has denied.

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TSMC, the world’s largest contract chipmaker and major supplier to companies including Nvidia, said on Nov 25 it had filed a lawsuit in Taiwan's Intellectual Property and Commercial Court against Mr Lo Wei-Jen, its former senior vice-president.

In a statement, the Taiwan prosecutors’ intellectual property branch said Mr Lo is suspected of violating Taiwan’s National Security Act.

On the afternoon of Nov 26, investigators, acting on a search warrant, searched two of Mr Lo’s homes, seizing computers, USB drives and other evidence, prosecutors said.