Taiwan’s efforts to protect trade secrets have been recognized by the Office of the US Trade Representative’s (USTR) annual Special 301 Report, which was released on Friday.
In the first edition to be issued under US Trade Representative Katherine Tai (戴琪), the agency highlighted a case in Taiwan where an amended Trade Secrets Act (營業秘密法) enabled a court to find a local semiconductor company and three former employees guilty of stealing trade secrets from a US company in an attempt to help a Chinese state-owned enterprise develop a computer chip.
The court fined the firm US$3.4 million and sentenced the former employees to five to six years in jail, the report said.
Photo: AFP
The court’s decision is the “most significant criminal case” in Taiwan’s protection of trade secrets, the report said, adding that the “case involved substantial cooperation with US investigators and prosecutors.”
The Special 301 Report reviews the global state of intellectual property (IP) protection and enforcement, said the USTR, which conducts the review pursuant to Section 182 of the US’ Trade Act of 1974, as amended by the US’ Omnibus Trade and Competitiveness Act of 1988 and its Uruguay Round Agreements Act.
In the report, the agency praised cooperation between the Taiwanese government and the American Institute in Taiwan (AIT), the de facto US embassy in Taiwan, on the protection of IP rights.
The government and the AIT held a virtual training session for law enforcement experts from Taiwan and the US, which enabled them to share information on the protection of trade secrets and the prevention of digital piracy, the report said.
“Several trading partners have recently strengthened or have been working toward strengthening their trade secret regimes, including the EU and Taiwan,” it added.
However, Taiwan was among the markets — such as Argentina, Brazil, China, Hong Kong, Iraq, Singapore and Thailand — that reported “notable” levels of streaming piracy through illicit streaming devices and illicit Internet protocol television (IPTV) service apps, the report said.
China has even served as a manufacturing hub for the devices, while Iraq is reportedly a source of satellite receivers pre-loaded with pirated IPTV apps, it said.
Regarding China, Washington has been closely monitoring Beijing’s progress in implementing its commitments under their “phase one” trade deal, it added.
While China last year amended its patent, copyright and criminal laws, the reforms require effective implementation and fall short of the full range of fundamental changes needed to improve the IP landscape in the country, the USTR said.
China is still on the USTR’s “priority watchlist” of nations whose practices require monitoring.
Argentina, Chile, India, Indonesia, Russia, Saudi Arabia, Ukraine and Venezuela are also on the list.
The annual report details its findings of more than 100 trading partners after significant research and enhanced engagement with stakeholders, the USTR said.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that its investment plan in Arizona is going according to schedule, following a local media report claiming that the company is planning to break ground on its third wafer fab in the US in June. In a statement, TSMC said it does not comment on market speculation, but that its investments in Arizona are proceeding well. TSMC is investing more than US$65 billion in Arizona to build three advanced wafer fabs. The first one has started production using the 4-nanometer (nm) process, while the second one would start mass production using the
A TAIWAN DEAL: TSMC is in early talks to fully operate Intel’s US semiconductor factories in a deal first raised by Trump officials, but Intel’s interest is uncertain Broadcom Inc has had informal talks with its advisers about making a bid for Intel Corp’s chip-design and marketing business, the Wall Street Journal reported, citing people familiar with the matter. Nothing has been submitted to Intel and Broadcom could decide not to pursue a deal, according to the Journal. Bloomberg News earlier reported that Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is in early talks for a controlling stake in Intel’s factories at the request of officials at US President Donald Trump’s administration, as the president looks to boost US manufacturing and maintain the country’s leadership in critical technologies. Trump officials raised the
‘SILVER LINING’: Although the news caused TSMC to fall on the local market, an analyst said that as tariffs are not set to go into effect until April, there is still time for negotiations US President Donald Trump on Tuesday said that he would likely impose tariffs on semiconductor, automobile and pharmaceutical imports of about 25 percent, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the US leader’s trade war. “I probably will tell you that on April 2, but it’ll be in the neighborhood of 25 percent,” Trump told reporters at his Mar-a-Lago club when asked about his plan for auto tariffs. Asked about similar levies on pharmaceutical drugs and semiconductors, the president said that “it’ll be 25 percent and higher, and it’ll
CHIP BOOM: Revenue for the semiconductor industry is set to reach US$1 trillion by 2032, opening up opportunities for the chip pacakging and testing company, it said ASE Technology Holding Co (日月光投控), the world’s largest provider of outsourced semiconductor assembly and test (OSAT) services, yesterday launched a new advanced manufacturing facility in Penang, Malaysia, aiming to meet growing demand for emerging technologies such as generative artificial intelligence (AI) applications. The US$300 million facility is a critical step in expanding ASE’s global footprint, offering an alternative for customers from the US, Europe, Japan, South Korea and China to assemble and test chips outside of Taiwan amid efforts to diversify supply chains. The plant, the company’s fifth in Malaysia, is part of a strategic expansion plan that would more than triple