Dutch chipmaker ASML had its trade secrets stolen by employees who passed them onto its Chinese competitor XTAL Inc., a company with links to the Chinese regime, according to an April 11 report by Dutch newspaper Financieele Dagblad (FD).
The theft, which occurred in 2015 and has been confirmed by ASML, was the subject of a California court case, which resulted in XTAL being ordered to pay $223 million in damages to ASML in late 2018. XTAL filed for bankruptcy shortly afterward.
