• Uncategorized

Chinese employees stole corporate secrets from Dutch semiconductor maker, newspaper reports

nnttttt

Chinese employees stole corporate secrets from Dutch semiconductor equipment maker ASML, resulting in hundreds of millions of dollars in losses, Dutch financial newspaper Financieele Dagblad (FD) reported on Thursday.

The paper said, citing its own investigation, technology had been stolen by high-level Chinese employees in the research and development department of ASML’s U.S. subsidiary and ultimately leaked to a company linked to the Chinese government.

n

But ASML itself “found no hard proof of involvement of the Chinese government,” the FD reported.

An ASML spokeswoman told Reuters the company was aware of the FD report and was preparing a response.

ASML is the dominant maker of lithography systems, used to trace out the circuitry of semiconductor chips.

The newspaper based its report partly on company sources and partly on a November 2018 ruling by a California court in a suit between ASML’s U.S. subsidiary and a subsidiary of a Chinese company, XTAL Inc.

The documents from the Santa Clara, California Superior Court show six former ASML employees, all with Chinese names, breached their employment contract by sharing information on ASML software processes with XTAL, the FD showed. “The FD’s investigation found XTAL’s Chinese parent company Dongfang Jingyuan has ties with the Chinese Ministry of Science and Technology,” the paper said.

The court awarded ASML $223 million in damages and XTAL filed for bankruptcy a month later.

The Dutch intelligence agency has included warnings in its annual threat assesments for the past several years, saying that China is targeting tech companies in the Netherlands, as it does in other countries, for intellectual property theft.

In 2015, ASML disclosed a breach of its computer systems, but said at the time damage from the hack was limited and released few further details.

ASML’s sales to China doubled to €1.8 billion ($2 billion) in 2018 from €919 million in 2017 as Beijing makes growth of its semiconductor industry a priority.

ASML CEO Peter Wennink told Reuters in January he saw no let up in demand from China, despite an economic slowdown.

ntnttnttntntnttnttntntnttnttntnnnt

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

ntSUBSCRIBE NOWnnnntnttKEYWORDSntntChina, computers, Netherlands, espionage, theft, intellectual propertynn n n tn tttt

deneme bonusu deneme bonusu veren sitler güvenilir deneme bonusu ekrem abi ekrem abi güvenilir siteler ekrem abi siteler extrabet extrabet giriş extrabet güncel betkolik betkolik giriş betkolik giriş adresi https://best-roasts.com/ best roasts best jokes tipobet tipobet güncel tipobet güncel adresi megabahis megabahis giriş megabahis güncel megabahis güncel adresi setrabet setrabet giris setrabet güncel giris setrabet adres smartbahis smartbahis giriş smartbahis güncel smartbahis güncel adres smartbahis giriş adres betpuan betpuan giriş betpuan güncel giriş betvole betvole giriş betvole güncel betvole güncel giriş betvole resmi giriş betvole 2025 tipobet tipobet güncel tipobet güncel giriş tipobet güncel giriş adresi tipobet 2026 adresi tipobet partnerlik adresi betkolik betkolik güncel betkolik güncel adres betkolik giris betkolik güncel giris setrabet setrabet güncel setrabet güncel giriş setrabet güncel giriş adresi tempobet tempobet giriş tempobet güncel tempobet güncel giriş tempobet güncel giriş adresi tempobet güncel giriş rehberi betkolik betkolik giriş betkolik güncel giriş casino canlı casino canlı bahis tipobet tipobet giriş tipobet güncel giriş tipobet güncel giriş adresi tipobet güncel giriş rehberi tipobet 2026 tipobet tipobet güncel tipobet güncel adresi tipobet güncel giriş adresi tipobet 2026 betpark betpark giriş betpark güncel giriş slot siteleri yatımsız slot siteleri güvenilir slot siteleri sweet bonanza sweet bonanza demo tipobet tipobet giriş tipobet tipobet365 tipobet giriş ultrabet ultrabet güncel ultrabet güncel adres ultrabet adres