Chip Makers Settle Trade Secrets Suit

In a case that pitted two San Francisco business litigators against each other, a China-based chip-making startup will pay Taiwan Semiconductor Manufacturing Co. Ltd. $175 million to settle a trade secrets theft suit. The settlement, announced Sunday, dismisses litigation that was pending between TSMC, the world's largest chip fabricator, and Semiconductor Manufacturing International Corp. in San Francisco federal court.

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