BASF Workers in Taiwan Suspected of Leaking Company Secrets to Chinese Firm

Reuters reports:

Taiwan is investigating six current and former employees of BASF’s local operations suspected of leaking corporate secrets to a rival Chinese company, an official said on Jan. 7.

Five employees were detained and one had been granted bail by a court, Lu Sung Hao, Taipei-based director of Taiwan’s Crime Investigation Bureau, told Reuters. The prosecution has not filed any charges against them.


The company that paid for the information was identified as China’s Jiangyin Jianghua Microelectronics Materials Co., which had offered 40 million yuan ($5.8 million) to the current and former employees in return for the technology transfer to build a factory in China, Lu said.

Shouldn’t they have an “allegedly” in there about the accusation as to what the company did?

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