Semiconductor rivals TSMC and SMIC came to a settlement agreement Monday as they headed into the damages phase of an acrimonious trade secrets trial.
China’s SMIC will pay Taiwan’s TSMC $200 million plus an undisclosed amount of stock and warrants, according to TSMC’s lead trial counsel, Jeffrey Chanin of Keker & Van Nest in San Francisco.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]