We would like to congratulate Dr. Hu Zhicheng and thank all the friends who helped secure his release along the way. He was extorted and imprisoned and eventually exonerated due to people trying to steal his intellectual property. The technology Dr. Hu has developed can reduce over 90% of emissions from automobiles and factories and he was a threat to vested interests.
Partner Nicholas V. Chen was recently quoted in a story by the Associated Press on the response of Taiwan's tech industry to Samsung's "Kill Taiwan" strategy.
The full text of the story can be found here.
Nicholas Chen Appointed Vice Director of the International Committee of the Taiwan M&A and Private Equity Council
Taiwan Semiconductor Manufacturing Company (TSMC) announced earlier today a US$200 million settlement of the actions brought in California State Court against Semiconductor Manufacturing International Corp. (SMIC) in 2006 related to SMIC’s misappropriation of TSMC trade secrets and breach of a 2005 settlement agreement between the two companies.