Former HTC official convicted of trade theft

INDUSTRIAL ESPIONAGE: Thomas Chien was convicted of stealing trade secrets for use by a firm he had set up in China in conjunction with the Chengdu City Government

Taipei Times
Date: Apr 12, 2019
By: Jason Pan  /  Staff reporter

The Taipei District Court yesterday convicted former HTC Corp vice president of product design Thomas Chien (簡志霖) of stealing proprietary technology to sell to China and other charges, and sentenced him to more than eight years in prison.

The judges ruled that Chien had contravened the Trade Secrets Act (營業秘密法) and Securities and Exchange Act (證券交易法), but found him not guilty of money laundering.

He was given an eight-year-and-one-month term.

The money he reportedly made from the thefts, estimated at about NT$6.83 million (US$221,279 at the current exchange rate), was ordered confiscated.

It was the first ruling on the case, so Chien can appeal the verdict.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.