Taiwan’s UMC pleads guilty, fined $60 mln in trade secret theft case

Reuters reports:

Taiwan’s UMC has pleaded guilty to trade secret theft in the United States and will pay a $60 million fine in a case where it was accused of helping a Chinese state-owned chipmaker steal secrets from Micron Technology Inc.

The fine is the second-largest ever in a criminal trade secret prosecution, the U.S. Department of Justice (DOJ) said.

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