Corporate Espionage: ASML Claims Employee Stole Chip Secrets–Sold them to China

ASML has a monopoly over the global semiconductor industry, and has currently restricted the sale of its machinery to China. 

ASML claims that in an episode of corporate espionage, an employee stole their chip manufacturing secrets and sold it to China...

Based on its preliminary investigations, ASML believes that the misappropriated data will not have a negative impact on its current operations, although it concedes that some “export control requirements” may have been breached. ASML has subsequently disclosed the data breach to the appropriate authorities, and it is “implementing further corrective steps in light of this event.” more