OAKLAND, California, : Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp, accusing it of unlawfully sharing confidential intellectual property and trade secrets.
It also asserted that IBM had unlawfully disclosed and misused its IP with Intel Corp, noting that IBM had announced in 2021 it would collaborate with Intel on next-generation chip technology. The complaint said GlobalFoundries and IBM had collaboratively developed technology over decades in Albany, New York and the exclusive right to license and disclose the technology was sold to GlobalFoundries in 2015.
Rapidus, which counts Sony Group Corp, NEC Corp and other major tech firms as consortium members, is of national strategic importance and has been hailed in Japan as a symbol of U.S.-Japan cooperation.