MediaTek suspects executive of industrial espionage

Posted on Thursday, Feb 13 2014 @ 13:56 CET by Thomas De Maesschalck
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FUD Zilla writes MediaTek plans to file criminal and civil charges against Yuan Di-wen, the company's smartphone chip department head, over suspicions of industrial espionage. Not a lot of details were revealed, but prosecutors have taken the matter seriously and have requested a freeze on Yuan's assets and have banned him from travelling pending further court hearings.
Earlier this week the company said that it has “good reason” to believe that it has identified a traitor in its ranks. The company thinks its smartphone chip department head Yuan Di-wen is guilty of industrial espionage. A spokesperson said the company plans to file criminal and civil charges against Yuan and that it has good reasons to do so.

Prosecutors are taking the matter seriously. They have already requested a freeze on Yuan’s assents and he may even be banned from travelling pending further court hearings, reports Want China Times. It is still unclear what if anything Yuan stole from MediaTek, or perhaps more importantly – who did he sell it to?

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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