FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: TSMC's Ex-Engineer Jailed Over Leaking Trade Secrets

By

-- Taiwan Semiconductor Manufacturing (TPE:2330), or TSMC's, engineer has been sentenced to 10 years in prison after a court found him guilty of leaking trade secrets related to the company's advanced 2-nanometre chip technology under Taiwan's National Security Act, Taipei times reported Tuesday.

The Intellectual Property and Commercial Court also handed prison terms of two to six years to three other former engineers, while another defendant received a suspended sentence and fine.

The case also implicated Tokyo Electron Taiwan, which was fined NT$150 million with conditions for partial suspension. Prosecutors said sensitive information, including etching equipment data, was improperly accessed and used to support equipment development for advanced chip production, reportedly.

TSMC reported the breach in July 2025 following an internal probe and reiterated its zero-tolerance stance on trade secret violations while tightening internal safeguards, the news outlet said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Insider Trading

Figure Technology Solutions Insider Sold Shares Worth $6,064,355, According to a Recent SEC Filing

Michael Benjamin Tannenbaum, Director, Chief Executive Officer, on April 28, 2026, sold 184,194 shares in Figure Technology Solutions (FIGR) for $6,064,355. Following the Form 4 filing with the SEC, Tannenbaum has control over a total of 3,193,641 Class A common shares of the company, with 3,193,641 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/2064124/000149315226020776/xslF345X05/ownership.xml

$FIGR
Insider Trading

Samsara Insider Sold Shares Worth $7,671,995, According to a Recent SEC Filing

Biswas Sanjit, 10% Owner, Director and Chief Executive Officer, on April 28, 2026, sold 263,900 shares in Samsara (IOT) for $7,671,995. Following the Form 4 filing with the SEC, Biswas Sanjit has control over a total of 1,554,913 common shares of the company, with 693,157 shares held directly and 861,756 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1642896/000189511126000007/xslF345X05/form4-04302026_110423.xml

$IOT
Equities

Star Energy Raises GBP9 Million Via Share Placing

Oil and gas company Star Energy (STAR.L) conditionally raised 8.5 million pounds sterling in gross proceeds through a share placing, and announced a retail offer.The retail offer is expected to raise gross proceeds of up to 600,000 pounds, with up to 4 million new shares being offered at 0.15 pound apiece. The results are due on May 7, according to a Friday filing.Zeus Capital is serving as Star Energy's nominated adviser, broker and bookrunner. VSA Capital is the agent for the placing.

$STAR.L