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It's not hard to know who is being played here.
The Taiwanese company United Microelectronics Corp. won a patent case that she filed in a Chinese court against Micron Technology Inc. of Boise, Idaho. So on the surface, this poor little Taiwanese David defeated the great American villain Goliath. The Chinese court even ordered that Micron microprocessors be stopped from importing or selling in Asia's largest economy, according to UMC
Micron dropped by up to 8%, while UMC climbed 3.9 percent at the start of Taipei negotiations on Wednesday. 19659005] You can almost hear UMC claim that Micron started. Micron executives sued the Taiwanese smelter in a US court in December, claiming they stole trade secrets. The complaint was filed under a civil provision of the Corrupt and Corrupt Organizations Act.
We were so close
UMC and Micron were once close to each other in terms of income
Source: Bloomberg [19659009] UMC proves to be the perfect patsy in China's ongoing campaign to stick it to the United States over technology, intellectual property and commerce. In her filing at the Fuzhou Intermediate People's Court, she claimed 270 million yuan ($ 41 million) in damages.
The US case of Micron stems from an August criminal indictment in Taiwan against UMC and its partner Fujian Jinhua Integrated Circuit Co.
Taiwan prosecutors allege that UMC employees were making part of a plan to divert the intellectual property of a US company (Micron) and deliver it to China (via Jinhua). In its December civil complaint, Micron accused UMC of trying to recruit Taiwanese staff and urging former Micron employees to steal files that could be used to give Jinhua a boost in the process. Chinese campaign to develop its own technology. A recent New York Times piece details the burglary, which includes a police raid and a junior colleague taking out a phone from a factory while the authorities were closing the door.
A Chinese court suddenly ruled in favor of UMC and Jinhua, with the threat of stopping any import and sale of Micron chips, completes the cycle of nonsense.
In the context where China and Taiwan are not friends, and Beijing has long looked Taiwanese technology, it's worth noting that UMC has been out of a Taiwan government think tank. It should also be remembered that UMC has already violated Taiwanese law with its agreements with China: in the early 2000s, it was surprised to invest in a Chinese chip manufacturer, which was then banned [19659012] Glory Days
Sideways while TSMC went stronger and stronger
Source: Bloomberg
UMC was formerly neck and neck with Taiwan Semiconductor Manufacturing Co. before UMC dropped the ball and TSMC was dominated the global market for chip foundries. It forces UMC to find business wherever it can, and does business that TSMC can not touch.
Fortunately, UMC has adopted the Beijing Made in China 2025 policy and favorable Chinese courts.
The column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
To contact the editor responsible for this story:
Katrina Nicholas ] to [email protected]
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