Gaming PC

IBM Sued For Giving Chip Secrets to Intel, Rapidus

GlobalFoundries (GF) on Wednesday Said it sued IBM For revealing trade secrets about chip technology jointly developed by Intel and the Rapidus consortium in Japan. The lawsuit also alleges that IBM is actively poaching his GF engineers. Foundry is seeking indemnification, punitive damages, an order preventing further unauthorized disclosure, and an injunction to stop its improper registration practices.

GlobalFoundries alleges that IBM improperly disclosed proprietary IP and trade secrets it acquired after acquiring IBM’s microelectronics division in 2015. The complaint alleges that IBM management portrays the collaboration between Intel and Rapidus as relying on technology developed over decades from research conducted at IBM. Albany Nanotech Complex. But GlobalFoundries considers its IP to be its own since it acquired IBM’s microelectronics business eight years ago.

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