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Cardiff-based chipmaker IQE files the lawsuit against Tower Semiconductor

Cardiff-based semiconductor manufacturer IQE plc has filed a lawsuit against Israeli chip company Tower Semiconductor.

IQE’s lawsuit alleges that Tower Semiconductor has illegally obtained patents for its 5G and advanced sensor technology.

IQE has filed the complaint in US Federal Court in California. I statement on their website he said:

“We brought these claims because we have substantial reason to believe that Tower misappropriated IQE’s proprietary trade secrets for its own benefit.

“Our technology, processes and intellectual property are critical to supporting IQE’s products and solutions and to maintaining our market leadership position in advanced semiconductor materials.

“We will vigorously defend them and provide further updates as relevant developments occur.”

IQE plc is listed on the AIM Stock Exchange in London. It produces advanced wafer products and material solutions for the global semiconductor industry.

When contacted RATNA Tower Semiconductor spokesman said:

“Tower strongly rejects IQE’s baseless claims. Tower has not disclosed any trade secrets and is the rightful owner of all its patents.

“Tower is disputing these claims in court to protect its rights and intellectual property. Furthermore, while Tower has every right to do so, Tower does not use porous Silicon technology for any of its customers or in any of its production flows.”

The law emphasizes the critical role of semiconductor companies. Cambridge-founded semiconductor company Arm has been the subject of much speculation over the location of its initial public offering, with British politicians and technology stakeholders calling for the company. listed in London instead of New York.



Cardiff-based chipmaker IQE files the lawsuit against Tower Semiconductor

Source link Cardiff-based chipmaker IQE files the lawsuit against Tower Semiconductor

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