![]() GlobalWafers, the world’s third-largest silicon wafer maker, has taken legal measures to protect its intellectual property in the face of jobhunters seeking to poach its employees, Hsu said.Ĭhinese companies have recently raised the level of their poaching efforts by offering salaries three to five times higher than normal to regional executives and their team members, Nanya Technology Corp (南亞科技) said on Tuesday.Ībout 50 employees of Nanya Technology - the nation’s biggest DRAM chipmaker - last year quit to take jobs with Chinese firms, the company said. Poaching skilled engineers and retired executives from Taiwanese semiconductor giants is a shortcut for Chinese rivals seeking to reduce their dependence on foreign chipmakers, GlobalWafers Corp (環球晶圓) chairwoman Doris Hsu (徐秀蘭) said last week. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless require by law.Wu’s alleged intellectual property theft is the latest case in recent years, as Taiwanese semiconductor engineers and employees have become a top recruiting target for Chinese semiconductor firms. These forward-looking statements speak only as of the date hereof. Readers are cautioned not to place undue reliance on any of these forward-looking statements. This news release may contain forward-looking statements, which involve risks and uncertainties. All other trademarks are the property of their respective owners. For more information, visit ©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. GF offers a unique mix of design, development and fabrication services. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF will aggressively defend its investments in technology against those who violate them, as the complaint demonstrates IBM has repeatedly done. GF has made significant investment in research and development to advance its feature-rich technology and is one of the world’s leading semiconductor foundries with a global footprint and more than 13,000 employees, 2,500 of whom are based at the company’s headquarters in upstate New York. In the complaint, GF asks the court to end the unlawful recruitment efforts, which have accelerated since the IBM/Rapidus announcement in December 2022. ![]() In addition, GF’s complaint asserts that IBM is targeting and recruiting GF’s world-class engineering talent at the company’s manufacturing facility, which is located near the Albany NanoTech Complex. GF is asking for compensatory and punitive damages as well as an injunction against IBM preventing further unlawful disclosure and use of GF’s trade secrets. It also raises concerns over the extent to which IBM may have unlawfully disclosed GF’s IP and trade secrets beyond these two heavily publicized partnerships. The complaint notes that IBM’s executives have described the Intel and Rapidus partnerships as based on decades of technology derived from research conducted at the Albany NanoTech Complex, technology that they had no right to disclose. In the legal action filed in federal court in the Southern District of New York, GF asserts that IBM unlawfully disclosed GF IP and trade secrets to IBM partners including Intel and Japan’s Rapidus, a newly formed advanced logic foundry, and by doing so, IBM is unjustly receiving potentially hundreds of millions of dollars in licensing income and other benefits. The technology at issue was collaboratively developed, over decades, by the companies in Albany, New York and the sole and exclusive right to license and disclose that technology was transferred to GF upon the sale. The complaint asserts the former semiconductor manufacturing company has unlawfully disclosed GF’s confidential IP and trade secrets, after IBM sold its microelectronics business to GF in 2015. MALTA, N.Y., Ap(GLOBE NEWSWIRE) - GlobalFoundries (NASDAQ: GFS) (GF) today sued IBM for trade secret misappropriation. PDF Version Accuses IBM of unlawful disclosure to Intel, the Japanese consortium Rapidus and others
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