Taiwanese authorities on Monday announced they had arrested six current and former employees of German chemicals giant BASF for passing trade secrets to a Chinese company.
The Taiwan Criminal Investigation Bureau (CIB) said engineers were involved in a plot "to leak crucial technology and manufacturing processes … to make illegal profits."
The engineers had received at least $1.3 million (€1.1 million) out of nearly $6 million offered by China-based Jiangyin Jianghua Microelectronics Materials Co., said CIB director Lu Sung Hao.