ASML Warns Chinese Rival May Be Infringing Its Trade Secrets
- The Dutch company has shared concerns with Chinese officials
- Dongfang Jingyuan is a Beijing-supported “little giant”
ASML occupies a pivotal role in the global chip supply chain.
Source: ASML Holding NV
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ASML Holding NV has warned that an affiliate of a China company it previously accused of stealing its trade secrets has begun marketing products that could infringe on its intellectual property rights.
“Early in 2021, we became aware of reports that a company associated with XTAL Inc., against which ASML had obtained a damage award for trade secret misappropriation in 2019 in the USA, was actively marketing products in China that could potentially infringe on ASML’s IP rights,” the Dutch company said in its latest annual report released on Wednesday.