Knowing China through Taiwan

  • Tuesday, December 23, 2014
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Ex-MediaTek worker released on bail in trade secret case

  • CNA
  • 2014-08-14
  • 12:26 (GMT+8)
MediaTek headquarters. (Photo/Huang Hsiao-pei)

MediaTek headquarters. (Photo/Huang Hsiao-pei)

A former employee of MediaTek was released on bail Wednesday after being questioned in an investigation into a case of alleged theft of the IC designer's trade secrets, prosecutors said.

During the probe, the Hsinchu District Prosecutors Office said, it found that the former employee, surnamed Lu, was involved in the alleged stealing of confidential information from MediaTek.

Lu was questioned and released on bail of NT$200,000 (US$6,700), the prosecutors' office said.

Eight other former employees of MediaTek, including a senior engineer surnamed Cheng, were also questioned in connection with stealing the company's business secrets, the office said.

MediaTek had filed a report with the Criminal Investigation Bureau, saying that 10 of the company's former employees had stolen its trade secrets before their departure, according to prosecutors. Prosecutors said that on Tuesday they searched the homes of the 10 accused and the offices of a Hong Kong-registered company where they are now employed, and questioned nine of them. The tenth person was on business trip in China and therefore not available for questioning, prosecutors said.

MediaTek declined to give any public information about the case, saying only that it is unlikely to affect the company's operations.

On the Taiwan Stock Exchange Wednesday, investors remained upbeat about the IC designer's earnings outlook in light of solid demand for smartphone chips. The stock closed up 1.84% at NT$498.50 (US$16.61) on the main board, while the weighted index ended up 0.74% at 9,231.31 points.

Who's Who

  • Chang Xiaobing (常小兵)

    Chang Xiaobing (常小兵)

    Chang Xiaobing is chairman of China Unicom, one of the country's three major state-run telecoms. He has over 20 years of operational and managerial ...