Taiwan IP Court hands record $50 million victory to a crucial smartphone supplier in trade secret case 08 Dec 17
A closely watched trade secret case in Taiwan yielded a verdict yesterday, with lens manufacturer Largan Precision prevailing over a competitor it accused of stealing information about manufacturing processes. After four years of litigation, Taiwan’s Intellectual Property Court awarded the key Apple supplier around $50 million (NT$1.52 billion) in damages, an award which practitioners say is likely the largest-ever award stemming from trade secret misappropriation in Taiwan.
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