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TSMC looking to charge SMIC $130 million for alleged stolen IP

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TSMC looking to charge SMIC $130 million for alleged stolen IP

The failure of SMIC to comply with the terms of a cross-licensing agreement between the China-based foundry and Taiwan Semiconductor Manufacturing Company (TSMC) has led TSMC to claim damages of $130 million in the Superior Court of the State of California, according to TSMC.

TSMC has accused SMIC of developing design rules that are a little too much like TSMC design rules, with a TSMC court filing claiming that SMIC is marketing an 0.18-micron process that incorporates TSMC intellectual property (IP) in over 70% of the steps described.

More here at DigiTimes.