What's Going On With Applied Materials Stock Thursday? - Applied Mat (NASDAQ:AMAT)

Beijing E-Town Semiconductor sues Applied Materials over tech infringement

The Chinese chip equipment maker is seeking US$14 million as compensation from its US competitor.

What's Going On With Applied Materials Stock Thursday? - Applied Mat (NASDAQ:AMAT)

Beijing E-Town Semiconductor Technology Co. sued Applied Materials, Inc. (NASDAQ:AMAT), a U.S. chip-equipment supplier, in the Beijing Intellectual Property Court, accusing the latter of stealing trade secrets. E-Town alleged that Applied Materials illegally obtained, used, and disclosed core plasma-source wafer treatment technologies. The Chinese company alleged that Applied Materials hired two former employees from E-Town’s U.S. subsidiary, Ma…

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

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.

Silicon Valley chip-gear maker sued in China over alleged trade secret theft

By Debby Wu and Olivia Tam, Bloomberg 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 S…

US chip-gear maker sued in China over alleged trade secret theft

Top US chip-equipment supplier Applied Materials was sued by a rival in China over what that company characterised as trade secret theft, a further escalation in the technology war between the world’s two largest economies.