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US Chip-Gear Maker Sued in China Over Alleged Trade Secret Theft

US Chip-Gear Maker Sued in China Over Alleged Trade Secret Theft

Bloomberg2 days ago
Top US chip-equipment supplier Applied Materials Inc. was sued by a rival in China over what that company characterized as trade secret theft, a further escalation in the technology war between the world's two largest economies.
Beijing E-Town Semiconductor Technology Co. filed a lawsuit with the Beijing Intellectual Property Court against Applied Materials, according to a company statement to the Shanghai Stock Exchange.
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