Toshiba sues South Korean rival for corporate spying
The civil suit, which Toshiba announced last week, came as Japanese police took 52-year-old Yoshitaka Sugita into custody for allegedly copying sensitive research data for Toshiba's NAND-type flash memory and then handing it to its rival.
Sugita had formerly worked for Toshiba partner SanDisk which helps make the key technology - used in smartphones and digital cameras - and later passed it to his new employer Hynix.
He no longer works for the South Korean firm.
"Toshiba filed the suit on learning that a former employee of SK Hynix has been arrested in Japan for alleged criminal infringement of the Unfair Competition Prevention Act," it said in a statement.
Toshiba did not specify how much it was seeking in damages.
"The employee is alleged to have illegally taken Toshiba's proprietary technical information in 2008, and to have subsequently provided it to SK Hynix."
The Japanese company added that it is a business partner of the South Korean firm.
"However, the companies are also competitors in NAND flash memory, one of Toshiba's core technologies, and given the scope and importance of the misappropriated technical data involved, Toshiba has no reasonable option other than to seek legal redress," it said.
Source: AFP via I-Net Bridge
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za