HTC Employees Detained Amid Trade-Secret Investigation
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HTC Corp. 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 today. 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. Shares fell 5.8 percent to NT$147.50 in Taipei.