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February 01, 2005 |

Rival to Pay Chipmaker TSMC $175M Over Patents, Trade Secrets

A Chinese chipmaker has agreed to pay $175 million to computer chip giant Taiwan Semiconductor Manufacturing Co. to resolve a patent lawsuit that included allegations the Chinese company stole trade secrets, the Taiwanese company said. TSMC filed the lawsuit against Semiconductor Manufacturing International Corp. in U.S. courts in December 2003. TSMC also claimed that the Chinese firm offered stock options to lure away several TSMC engineers.
2 minute read
February 01, 2005 |

Rival to Pay Chipmaker TSMC $175M Over Patents, Trade Secrets

A Chinese chipmaker has agreed to pay $175 million to computer chip giant Taiwan Semiconductor Manufacturing Co. to resolve a patent lawsuit that included allegations the Chinese company stole trade secrets, the Taiwanese company said. TSMC filed the lawsuit against Semiconductor Manufacturing International Corp. in U.S. courts in December 2003. TSMC also claimed that the Chinese firm offered stock options to lure away several TSMC engineers.
2 minute read
March 26, 2004 |

Atlanta Firms Chasing IP Work in Taiwan, China

Two Atlanta law firms are positioning themselves to capture more IP business in Taiwan and China. Thomas, Kayden, Horstemeyer & Risley plans to send a partner to live in Taiwan, and Morris, Manning & Martin has welcomed partner Tim Tingkang Xia, a physicist and lawyer who grew up in China. Daniel R. McClure, the Thomas Kayden partner who has driven the growth in the firm's Taiwanese business, likens the present technological boom in Taiwan to that in Japan 20 years ago.
4 minute read
February 12, 2009 |

GC Didn't Pull Fast One With Deal Rewrite

An Alameda judge says last-minute changes to the settlement of an IP fight between two chipmakers was neither nefarious nor enough to scrap the agreement.
3 minute read
Keker & Van Nest Prevails at Semiconductor Trade Secrets Trial
Publication Date: 2009-11-03
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A California jury on Tuesday handed Taiwan Semiconductor Manufacturing Co. a major victory, ruling that a Shanghai rival breached the terms of a 2005 settlement and stole the company's trade secrets. The chipmaker will seek $2 billion in damages, according to Keker's Jeffrey Chanin.

March 18, 2004 |

Shearman Helps Take Chinese Company Public in $1.8 Billion IPO

Shearman & Sterling guided China's largest chip maker, Semiconductor Manufacturing International Corp., through an IPO that raised $1.8 billion last week. The share offer is reportedly the third largest in the world this year. "A lot of capital market transactions in Asia, in China in particular, have been privatizations. This is sort of the next step of a private company � moving away from the state-owned enterprise-type model,� said partner James Bucher, who led Shearman's team with partner Carmen Chang.
5 minute read
May 20, 2008 |

Q&A: Xilinx' Scott Hover-Smoot

The general counsel at San Jose's Xilinx Inc. discusses globalization, the loss of frequent-flier miles and how he wound up as a lawyer steeped in semiconductors.
7 minute read
Keker Settles Taiwan Semiconductor Trade Secrets Theft Case as Damages Phase Begins
Publication Date: 2009-11-02
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The Taiwan company wanted $2 billion from its Shanghai-based longtime rival, but it settled for $200 million plus stock and warrants.

May 21, 2008 |

Xilinx GC Faces Challenges of SOX, Patent Trolls, Globalization

Scott Hover-Smoot is general counsel at Xilinx Inc., a San Jose, Calif., company that manufactures programmable microchips and employs about 3,000 people around the world. In an interview, Hover-Smoot describes his day-to-day responsibilities and his response to the rising cost of outside legal services. He also discusses some of the biggest changes he's observed when it comes to the legal-related business issues surrounding the industry: Sarbanes-Oxley, patent trolls and the globalization of business.
7 minute read
Jeffrey Chanin of Keker & Van Nest
Publication Date: 2009-11-05
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Jeffrey Chanin was full of praise for the highly educated California state court jury that delivered a win for his client, Taiwan Semiconductor, in a trade secrets case against its bitter rival, Semiconductor Manufacturing International Corp. But it didn't take a Ph.D. to understand Chanin's overarching message: SMIC had a corporate policy of stealing secrets.