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.
Source: Fool.com
United Microelectronics ADR Stock
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