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Micron Faces Another Trade Secrets Mess in Taiwan


Micron Faces Another Trade Secrets Mess in Taiwan

Five former employees of Micron Technology's (NASDAQ: MU) Taiwanese subsidiary, Inotera Memories, were recently charged with illegally passing trade secrets. Taiwanese prosecutors claim that the five men took classified documents from Inotera and passed them to a Chinese firm.

Prosecutors didn't name the company, but according to a Tapei Times article, the United Evening News claims that it was state-backed tech giant Tsinghua Unigroup. The firm allegedly paid the men 200,000 New Taiwan dollars per month ($6,576) -- roughly triple their salaries at Inotera -- to obtain the information.

Image source: Getty Images.

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Source: Fool.com

United Microelectronics ADR Stock

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There is an upward development for United Microelectronics ADR compared to yesterday, with an increase of €0.10 (1.320%).
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