HTC employees detained as trade-secret breach probed

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HTC employees detained as trade-secret breach probed

HTC employees were detained by Taiwan authorities after the smartphone maker alleged that some of its trade secrets were leaked. Two product design executives were detained, Huang Mou-hsin, the deputy chief prosecutor at the Taipei District Prosecutor’s Office, said yesterday.

A director and another senior manager in the design and research-and-development divisions were questioned and released on bail. A fifth person working outside the company also is a suspect, said Huang, who declined to comment on the person’s role. HTC, which peaked in 2011, has plunged 88 percent since then as it lost market share in smartphones to Samsung Electronics and Apple.

Bloomberg

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