Taiwanese chipmaker United Microelectronics Corporation will pay Micron Technology an undisclosed fee to settle a trade secrets dispute that stoked US fears that China was stealing technology.
UMC was fined $60m in October last year after pleading guilty to US charges of stealing Micron’s confidential information and sharing it with China-based Fujian Jinhua during a collaboration with the company.
The case put under scrutiny Taiwanese technology companies that form a crucial part of the global semiconductor supply chain but often have deep links with Chinese manufacturers.
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