EZ News 07/21/26
About this episode
This episode covers the opening of the Tai-Ex and discusses a former TSMC manager indicted for attempting to leak trade secrets to China.
Good afternoon, I'm _ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 117-points this morning from yesterday's close, at 42,566 on turnover of 3.9-billion N-T. The market extended is losses on Monday from a session earlier amid fears over further volatility after a recent strong showing. Analysts say investors continued to cut their holdings in semiconductor stocks, reversing an initial upturn after the tech-heavy Seoul market continued to move lower … …. but Taiwan Semiconductor Manufacturing appeared resilient on bargain hunting to lend some support to the broader market. Former-TSMC manager indicted over alleged bid to leak secrets to China The Intellectual Property Prosecutors' Office has indicted a former Taiwan Semiconductor Manufacturing executive for allegedly attempting to leak the chipmaker's core technologies to China. According to prosecutors, the former deputy manager has been charged with violating (違反) the National Security Act and the Trade Secrets Act. Prosecutors have requested a seven-year prison sentence - arguing that the former T-S-M-C employees actions threatened Taiwan's technological advantage. The executive made unauthorized copies…
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