Technology: Companies

'Chinese spies' reportedly stole secrets from Dutch chip equipment maker ASML

Key Points
  • Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML, a leading Dutch financial newspaper reported.
  • The newspaper said that based on its own investigation technology had been stolen by high-level Chinese employees in the research and development department and leaked to the Chinese government.
ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry.
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Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML resulting in hundreds of millions of euros (dollars) in losses, leading Dutch financial newspaper Financieele Dagblad reported on Thursday.

The newspaper said that based on its own investigation technology had been stolen by high-level Chinese employees in the research and development department and leaked to the Chinese government.

"ASML found no hard proof of involvement of the Chinese government," the newspaper quoted the Veldhoven-based company as saying.