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Chip makers file competing lawsuits
(Shanghai Daily)
Updated: 2006-09-14 11:23
Semiconductor Manufacturing International Corp has launched its own
lawsuit against a Taiwanese rival that filed a suit against Nasdaq-listed
SMIC two weeks ago.
Taiwan Semiconductor Manufacturing Corp filed suit with the California
Superior Court of Alameda County on August 25 claiming SMIC was still
violating its trade secrets in breach of an agreement the two companies
reached in January over alleged copyright violations.
Shanghai-based SMIC has filed a counter suit with the same court saying
Taiwan Semiconductor breached that contract and failed to deal in good
faith.
The cross-complaint alleges, among other things, that Taiwan
Semiconductor has undertaken a concerted effort since the previous
lawsuits to discredit SMIC by making unfair and misleading accusations.
SMIC agreed to pay the Taiwan-based chipmaker US$175 million over six
years to settle the original dispute.
"It is unfair and TSMC is using the lawsuit to disrupt SMIC's business
and valued relationships with its customers," SMIC said in a statement
yesterday.
"Taiwan Semiconductor's suit shows it is worried about SMIC's growth and
potential threat and the Taiwan-based company aims to put pressure on
SMIC and its clients," said Li Ke, an analyst at Beijing-based CCID
Consulting.
Taiwan Semiconductor controls 50 percent of the world's market for
customized chips, while Semiconductor Manufacturing, the industry's
fourth-biggest manufacturer, holds 7 percent, according to researcher IC
Insights Inc.
Global sales of customized chips are poised to rise 22 percent to US$20.2
billion this year, according to estimates by IC Insights.
SMIC operates two 12-inch wafer plants in Beijing and Shanghai, which
represent the world's most advanced chip-making technology.
China will surpass the United States to become the world's largest chip
market this year, according to CCID.
(For more biz stories, please visit Industry Updates)
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