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A former procurement manager for the Taiwan Semiconductor Manufacturing Company (TSMC) has been fined NT$2.5 million as part of a violation of his non-compete agreement with the chipmaker. The former employee, Xue Zongzhi, had left his role at TSMC to take up a similar position at a Chinese wafer supplier, which violated his agreement with TSMC the company had argued. In response, Mr. Zongzhi retorted that his experience in procurement was not subject to a non-compete agreement and by taking up a role at his new employer, he had leveraged his skills acquired through time spent in the industry.
The report comes courtesy of the Taiwanese publication United Daily News (UDN) and it states that Mr. Zongzhi's appeals against the court's decision have been rejected. The controversy surrounding his departure started in 2016 when he left TSMC to join a Chinese wafer company within months of his departure.
Mr. Zongzhi had been managing TSMC's purchasing department since 2011 and chose to leave the role in July 2016. As per the UDN, his contract with the company prohibited him from taking up similar roles at competing firms which were defined as companies that are engaged in "semiconductor wafer manufacturing and services." However, in December of the same year,...
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