IT industry: SMIC denies accusation
(China Daily HK Edition)
Updated: 2006-09-15 13:58
SMIC, the mainland's top maker of made-to-order microchips, denied yesterday
an accusation by bigger rival TSMC that it violated a patent deal, and said it
had filed a counter-complaint against the Taiwan company.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's top contract
chip maker, said last month it had filed a lawsuit in the US California State
Superior Court against Semiconductor Manufacturing International Corp (SMIC) and
its units in Shanghai, Beijing and the United States.
"In addition to filing a response strongly denying the allegations of TSMC in
the United States lawsuit, SMIC filed a cross-complaint against TSMC, seeking,
among other things, damages for TSMC's breach of contract and breach of implied
covenant of good faith and fair dealing," SMIC said in a
statement.
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