Last week, TSMC reportedly opened an investigation into ex-employee Lo Wen-jen, who moved from retirement to a position at Intel. Lo held a position as the vice president of corporate strategy before retiring from TSMC in July. Lo was once involved in the research into mass production of chips at the Taiwanese chipmaking giant and spent over two decades at the company.
As reported by Bloomberg, Intel denies claims that this hiring was made to take trade secrets from TSMC. Intel CEO Lip-Bu Tan told Bloomberg, "It's rumor and speculation. There's nothing to it. We respect IP."
