New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce cutting-edge two-nanometre chips., noting that IBM had announced in 2021 it would collaborate with Intel on next-generation chip technology.
"IBM is unjustly receiving potentially hundreds of millions of dollars in licensing income and other benefits," GlobalFoundries said in a statement. 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.
GlobalFoundries is seeking compensatory and punitive damages as well as an injunction against IBM to stop using the trade secrets. It also said IBM has been recruiting GlobalFoundries' engineers - efforts which have accelerated since theRapidus, which counts Sony Group Corp