US chip equipment giant Applied Materials is being sued by China’s E-Town Semiconductor over alleged theft of trade secrets related to plasma sources and wafer surface treatment, Reuters reports. E-Town accused Applied of hiring 2 employees to use their know-how to steal its technology, and is seeking 99.99 million yuan (US$13.94 million) in compensation. $Applied Materials(AMAT.US) #semiconductors
Source: Dan Nystedt
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