|[March 13, 2014]
Toshiba Brings Lawsuit Against SK Hynix Inc.
TOKYO --(Business Wire)--
Corporation (TOKYO:6502) today announced that it has brought a civil
suit against Korea's SK Hynix Inc. at the Tokyo District Court, under
Japan's Unfair Competition Prevention Act. The suit seeks damages for
the wrongful acquisition and use of Toshiba's (News - Alert) proprietary technical
information related to NAND flash memory, which Toshiba pioneered in
1987 and now jointly develops and produces with SanDisk (News - Alert) Corporation of
Toshiba filed the suit on learning that a former employee of SK Hynix
has been arrested in Japan for alleged criminal infringement of the
Unfair Competition Prevention Act. The employee formerly worked for
SanDisk in a NAND flash memory development project conducted in
partnership with Toshiba at Yokkaichi Oprations, Toshiba's flash memory
technology development and mass production base in Mie prefecture,
Japan. The employee is alleged to have illegally taken Toshiba's
proprietary technical information in 2008, and to have subsequently
provided it to SK Hynix.
SK Hynix is a business partner of Toshiba. However, the companies are
also competitors in NAND flash memory, one of Toshiba's core
technologies, and given the scope and importance of the misappropriated
technical data involved, Toshiba has no reasonable option other than to
seek legal redress.
Moving forward, Toshiba will construct a more robust system for
protecting its intellectual property and preventing its loss, and
respond resolutely to unfair competition, in order to maintain the
advanced technical competence that is the source of its competitive
Toshiba is a world-leading diversified manufacturer, solutions provider
and marketer of advanced electronic and electrical products and systems.
Toshiba Group brings innovation and imagination to a wide range of
businesses: digital products, including LCD TVs, notebook PCs, retail
solutions and MFPs; electronic devices, including semiconductors,
storage products and materials; industrial and social infrastructure
systems, including power generation systems, smart community solutions,
medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more
than 590 consolidated companies, with 206,000 employees worldwide and
annual sales surpassing 5.8 trillion yen (US$61 billion). Visit
Toshiba's web site at www.toshiba.co.jp/index.htm
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