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Memory rivals brace for legal battle after alleged trade secrets theft

Agam Shah | March 14, 2014
A former SK Hynix employee is at the center of a brewing legal battle between top flash memory rivals after allegedly stealing trade secrets.

Toshiba said SK Hynix is a partner, but had to file a lawsuit as a means of redressal. The company said it would will establish "a more robust system for protecting its intellectual property and preventing its loss."

Research firm IC Insights placed SK Hynix as the fifth largest vendor of semiconductors, estimating US$13 billion in sales for 2013. Toshiba was in sixth spot with projected sales of $12.2 billion. In NAND flash, Toshiba ranked second in sales during the fourth quarter of 2013 with sales of $1.5 billion, while SK Hynix was in fourth place with sales of $730.5 million.

 

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