Executive Job Hopping Sparks Controversy: Intel (INTC.US) Refutes TSMC (TSM.US) Accusations of Leak, Intensifying Competition in Advanced Manufacturing Processes

According to the Wise Finance APP, Intel (INTC.US) denied on Thursday the accusations made by the global chip manufacturing giant TSMC (TSM.US), who claimed that their former executive Lo Wen-jen leaked TSMC's trade secrets. In an email statement, Intel said: "Based on all the information we currently have, we have no reason to believe that the accusations against Mr. Lo Wen-jen have any factual basis."